Fed Chairman Powell says the central bank is moving to normalize monetary policy 'with a view to extending the recovery.'

Fed officials also voted to continue reducing the central bank's balance sheet.

But the FOMC omits a reference to the labor market strengthening further.

But the FOMC omits a reference to the labor market strengthening further.

Fed leaves rates unchanged, but notes economic activity is rising at solid rate.

Fed leaves rates unchanged, but notes economic activity is rising at solid rate.

Officials are uncertain about moves impact on financial markets.

Officials are uncertain about moves impact on financial markets.