NEW YORK (Reuters) -  ...........Tuesday will see the start of another policy-setting meeting of the U.S. central bank's Federal Open Market Committee.

A slowly improving U.S. jobs market and reasonably solid growth at the start of the year brightened the economic outlook and cut chances the Fed will conduct another round of bond purchases, according to a Reuters poll last week.

With the Fed monitoring a healing but still fragile economy, the statement expected on Wednesday will be closely watched by investors.

" When you have a market dominated by what central bankers are doing and saying, it is risky to be out," said Quincy Krosby, market strategist with Prudential Financial in Newark New Jersey. " Nobody wants to wake up to learn that there was a big move."