(Refiles to fix typo in FOMC meeting to "p.m.")
* Best Buy shares slip in premarket after results
* Fed seen keeping rates unchanged
* Futures: S&P flat, Dow down 8 pts, Nasdaq down 2 pts
* For up-to-the-minute market news see [STXNEWS/US] (Adds Best Buy results, quote)
By Angela Moon
NEW YORK, Dec 14 (Reuters) - U.S. stock index futures fell
on Tuesday, weighed by losses in Best Buy Inc
Best Buy shares fell 9.2 percent at $37.85 after the top consumer electronics chain reported a decline in quarterly results and same-store sales and cut its full-year outlook, citing weak demand in its key U.S. market. For details, see [ID:nN13207737]
The Federal Reserve is expected to leave rates unchanged and evaluate its recent massive bond-buying program to support the economy when it meets on Tuesday.
But the Fed may revise its economic outlook to reflect stronger growth after the White House and congressional Republicans agreed to extend tax breaks and provide a payroll tax cut, effectively delivering fresh stimulus. For details, see [ID:nN13201941] The announcement is due at 2:15 p.m. [1715 GMT]
"The market is pretty much expecting the statement to be unchanged. Unless they decide to significantly upgrade the economic activity, in which case would be negative on the bond market and also temporarily be negative on stocks, we are not expecting a shocker from the Fed," said Peter Cardillo, chief market economist at Avalon Partners in New York.
Economic indicators on tap include November producer prices and November retail sales at 8:30 a.m. [1330 GMT]. Economists in a Reuters survey expect a 0.2 percent gain in core U.S. producer prices, and a 0.6 percent increase in retail sales. Anything disappointing on the retail sales data ahead of the holiday season could weigh heavily in the stock market.
S&P 500 futures