The Fed raised interest rates last month by a quarter of a point
The increase in the federal funds rate to a range of between 0.50 percent and 0.75 percent was widely expected
FOMC forecasts suggest 3 hikes in 2017 vs 2 from September projections
The two-day rate-setting meeting of the Fed will kick off on December 13, which will be keenly tracked worldwide
This week's Fed policy decision is due to be released on Wed at the conclusion of a two-day meeting
Analysts expect the markets could remain upbeat for some more time in the absence of any negative global cues
US Federal Reserve said it was keeping its interest rates unchanged
Fed can raise rates despite one bad jobs figure
The US central bank is much closer to lifting rates again than Wall Street expects
Janet Yellen conceded that the fate of the US economy is now deeply intertwined with what happens in the rest of the world
But affirms plan to pursue increase