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Fed FOMC Statement Change Log: Unemployment Rate Stabilization Removed, Uncertainty about Middle East Situation's Impact on US Economy

Fed FOMC Statement Change Log: Unemployment Rate Stabilization Removed, Uncertainty about Middle East Situation’s Impact on US Economy

BlockBeats News, March 19, a summary of changes in the Federal Reserve’s FOMC statement since January:

Changed “The unemployment rate has shown some signs of stabilization” to “The unemployment rate has changed little in recent months”;

Added “The impact of the evolving Middle East situation on the U.S. economy remains uncertain”;

Fed Governor Waller, who supported a 25-basis-point rate cut at the last meeting, now supports keeping rates unchanged.

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