STORY: "Consumer demand remains robust and so they are going to sit pat," said Orczyk Sissel. "A lot of people think they might cut in September. I'm not as convinced."She added that she may change her mind if more clarity on U.

President Donald Trump has repeatedly demanded the Federal Reserve slash interest rates. But Fed officials have stood pat, waiting to see how his administration’s sweeping policy changes affect the economy first.

Israel’s attacks on Iran’s nuclear facilities risk pushing back the timeline for Federal Reserve interest-rate cuts as the US central bank waits to assess any potential impact on inflation, economists said.