Fed Expected to Keep Rates Low at Final Meeting of Year

By: Reuters
The Federal Reserve will likely close out the year this week by repeating a pledge to keep interest rates extraordinarily low for an extended period even as it nods to signs of economic healing.The central bank's policy-setting meeting on Tuesday and Wednesday will mark a year since the Fed cut benchmark interest rates to near zero to combat the worst economic crisis since the Great Depression.A year later, the economic picture has vastly improved and the recovery is gaining strength, no doubt bringing closer the day the Fed starts to inch away from its supportive policies.

http://www.cnbc.com/id/34405812