{"id":62118,"date":"2019-05-02T06:39:03","date_gmt":"2019-05-01T20:39:03","guid":{"rendered":"http:\/\/leadpakistan.com.pk\/news\/?p=62118"},"modified":"2019-05-02T06:41:10","modified_gmt":"2019-05-01T20:41:10","slug":"fed-likely-to-ignore-trumps-call-to-cut-interest-rates","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/fed-likely-to-ignore-trumps-call-to-cut-interest-rates\/","title":{"rendered":"Fed likely to ignore Trump\u2019s call to cut interest rates"},"content":{"rendered":"<p>WASHINGTON: The U.S. Federal Reserve, leaning back against pressure from President Donald Trump to slash interest rates, is expected to leave borrowing costs unchanged on Wednesday as it maintains a \u2018patient\u2019 monetary policy stance amid strong economic growth. Trump, who has accused the U.S. central bank of undercutting his efforts to boost economic growth, said on Twitter on Tuesday the Fed should cut its key overnight lending rate by a full percentage point and renew the quantitative easing program that saw it pump trillions of dollars into the economy in response to the 2007-2009 financial crisis and recession. Fed officials were in the middle of their latest two-day policy meeting when Trump made his comments. Monitoring desk<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WASHINGTON: The U.S. Federal Reserve, leaning back against pressure from President Donald Trump to slash interest rates, is expected to leave borrowing costs unchanged on Wednesday as it maintains a \u2018patient\u2019 monetary policy stance amid strong economic growth. Trump, who has accused the U.S. central bank of undercutting his efforts to boost economic growth, said [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5],"tags":[],"class_list":{"0":"post-62118","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Fed likely to ignore Trump\u2019s call to cut interest rates<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/fed-likely-to-ignore-trumps-call-to-cut-interest-rates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fed likely to ignore Trump\u2019s call to cut interest rates\" \/>\n<meta property=\"og:description\" content=\"WASHINGTON: The U.S. Federal Reserve, leaning back against pressure from President Donald Trump to slash interest rates, is expected to leave borrowing costs unchanged on Wednesday as it maintains a \u2018patient\u2019 monetary policy stance amid strong economic growth. 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