Fed pressed ahead with rate hike plan as it debated guidance

By Howard Schneider and Michael Flaherty WASHINGTON (Reuters) - The U.S. Federal Reserve pressed ahead at its last policy-setting meeting with plans to begin raising interest rates later this year despite an apparently vigorous debate over how to communicate its intentions. According to minutes of the Fed's Dec. 16-17 meeting, released on Wednesday, U.S. central bankers reviewed a broad set of data showing the United States was holding its own as other parts of the global economy turned in