The Fed's policy-making arm, the Open Market Committee, left the Federal funds rate unchanged at 6 percent, as had been expected.

Though the Open Market Committee is the Fed's policy-making arm, few market participants expect it to make any shift in short-term interest rates at this session.

The Fed's policy-making arm, the Open Market Committee, is scheduled to hold its next meeting on March 28.

The Fed's policy-making arm, the Federal Open Market Committee, met last week to consider what if any changes might be in order.

The data are seen as perhaps crucial to the Dec. 19 meeting by the Federal Open Market Committee, the Fed's policy-making arm.

The dominant view seemed to be that one more tightening of monetary policy was likely, probably on May 20, at the next meeting of the Fed's policy-making arm, the Federal Open Market Committee.

The Fed's policy-making arm, the Federal Open Market Committee, met Monday and Tuesday.

Plenty of market analysts do not expect the committee, the Fed's policy-making arm, to cut short-term interest rates during the meeting, which began yesterday.

The next meeting of the Fed's policy-making arm, the Federal Open Market Committee, is May 20.

The committee, the Fed's policy-making arm, meets on Jan. 30.