Reuters: Fed likely to resist pressure to cut U.S. rates this week

www.reuters.com/article/us-usa-fed/fed-likely-to-resist-pressure-to-cut-u-s-rates-this-week-idUSKCN1TI0DV

SAN FRANCISCO/WASHINGTON (Reuters) – The U.S. Federal Reserve, facing fresh demands by President Donald Trump to cut interest rates, is expected to leave borrowing costs unchanged at a policy meeting this week but possibly lay the groundwork for a rate cut later this year.