The Fed outlook is pressuring Asian currencies across the board, but not all countries need to tweak their policy
The Fed sees the US economy growing at a faster-than-expected 3.1% this year
Policymakers also projected a slightly faster pace of rate increases in the coming months, with two additional hikes expected by the end of this year
Most analysts expect the US central bank to hike rates at least twice this year - in June and in September.
Projects three more increases in 2019 and signals confidence in strengthening economy
Fed policymakers highlighted that unemployment was still hovering near its recent low
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