(6/19/13, UPDATED 2:45 p.m. ET)--The monetary policymakers for the Federal Reserve today held steady on any action, keeping intact their schedule for bond-buying and their near-zero targeted federal funds interest rate, saying that "economic activity has been expanding at a moderate pace."

 

 

Construction of new U.S. homes rose in May, with permits to build single-family homes increasing to a five-year high, the Commerce Department said Tuesday.