Below are the differences in the first paragraph of the current Fed statement as compared to the previous version from January 30th, 2019. There were no changes beyond the 1st paragraph. The full statement can be found HERE.
Information received since the Federal Open Market Committee met in DecemberJanuary indicates that the labor market hasremains continuedstrong tobut strengthenthat andgrowth thatof economic activity has beenslowed risingfrom atits a solid rate in the fourth quarter. JobPayroll employment was little changed in February, but job gains have been strongsolid, on average, in recent months, and the unemployment rate has remained low. HouseholdRecent spendingindicators haspoint continued to growslower strongly, while growth of household spending and business fixed investment hasin moderatedthe fromfirst its rapid pace earlier last yearquarter. On a 12-month basis, both overall inflation andhas declined, largely as a result of lower energy prices; inflation for items other than food and energy remainremains near 2 percent. AlthoughOn balance, market-based measures of inflation compensation have movedremained lowerlow in recent months, and survey-based measures of longer-term inflation expectations are little changed.