Home Business U.S. Federal Reserve likely to ignore Trump's call to cut interest rates Business U.S. Federal Reserve likely to ignore Trump's call to cut interest rates By Genpie - May 1, 2019 134 0 Facebook Twitter Google+ Pinterest WhatsApp 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 ‘patient’ monetary policy stance amid strong economic growth.