By Stephen Culp NEW YORK (Reuters) – Wall Street surged on Wednesday, building on and then paring earlier gains after the U.S. Federal Reserve released its statement at the conclusion of its two-day policy meeting. All three indexes were green throughout the session but moved higher after the Federal Open Markets Committee announced it left key interest rates near zero but warned it would soon begin raising the Fed Funds target rate to combat persistent inflation related to the COVID-hobbled supply chain. “With inflation well above 2 percent and a strong labor market, the Committee expects it …