Steady Fed

   No surprise in this corner as the Federal Reserve announced today it would hold interest rates steady at the near zero mark even as the economy continues its "moderate" improvement. The labor market is getting better, the Fed said, unemployment is declining, and inflation is still below the central bank's long-term objective.
   Even so, when the unemployment and inflation approach the Fed's target range, "economic conditions may, for some time," warrant keeping interest rates low.
   Translation: Don't look for a Fed pullback from its current strategy for several more months.