Federal Reserve policy-makers began meeting on Tuesday with universal expectations they will leave interest rates untouched in the absence of convincing U.S. job growth. The Federal Open Market Committee, the panel of central bank governors and regional Fed bank presidents that sets the key federal funds rate, began its meeting at about 9:00 a.m. EST (1400 GMT), a Fed representative said. A post-meeting announcement is expected at about 2:15 p.m. EST (1915 GMT). Most observers expect the Fed to leave the target for the fed funds rate, the overnight rate at which banks makes loans to each other, at 1 percent, where it has stood since June 2003. While economic growth has been strong, jobs are the missing link that will keep the Fed from raising rates soon, analysts say.///