WATCH LIVE: FOMC Press Conference
CRUDE WRAP: WTI (N6) SETTLES USD 0.74 HIGHER AT USD 76.79/BBL; BRENT (Q6) SETTLES USD 0.59 HIGHER AT 79.55/BBL
FED ANALYSIS: Rates on hold, removes forward guidance, adds emphasis on reaching inflation target, hawkish dot plot shift
WATCH LIVE: FOMC Press Conference
FOMC Summary of Economic Projections: Only 18 of 19 members submitted forecasts (expectations were for Warsh to not submit forecasts)
Fed keeps rates on hold as expected at 3.50-3.75%; removes forward guidance completely; Statement approved in 12-0 vote; Says "The Committee will deliver price stability"
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