FOMC Statement Change Overview: Stable Unemployment Rate Clause Removed, Added "Economic Impact of Middle East Tensions Remains Uncertain"

BlockBeats News, March 19, a summary of changes in the Federal Reserve FOMC statement compared to 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.