Fed likely to leave rates steady, despite market outlook and Trump demands
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WASHINGTON (Reuters) - The U.S. Federal Reserve concludes its latest two-day policy meeting on Wednesday expected to leave interest rates on hold but flag whether it plans to cut rates later this year as investors expect and the U.S. president has demanded.The central bank may nod to recent weaker-than-expected jobs numbers and softer inflation, and drop from its policy statement a pledge to be "patient" before changing rates - opening the door to a possible rate reduction later.But the level of..