Federal Reserve

A look at how the Fed's views on the timing of an interest rate increase have changed

A comparison of the Federal Reserve's statements from its two-day meeting that ended Wednesday and its meeting January 27-28: INTEREST RATES: Now: The Fed no longer says it can be patient about raising rates: "Consistent with its previous statement, the (Fed) judges that an increase in the target range for the federal funds rate remains unlikely at the April FOMC meeting.

Anticipation is running high over whether Fed will remain 'patient' about a rate increase

Federal Reserve officials are about to address a question investors have been mulling for weeks: Do they remain "patient" about raising interest rates? The answer will come around 2 p.m. Eastern time Wednesday, when the Fed will issue a statement after its latest policy meeting ends and in a news conference to follow with Chair Janet Yellen.