Federal Reserve may keep rates unchanged for months as economy shows signs of healthWASHINGTON (AP) — Federal Reserve officials are expected to keep their short-term interest rate unchanged Wednesday after three cuts last year, ignoring huge pressure for lower borrowing costs from the White House in favor of waiting to see how the economy evolves. Fed officials meet this week in the shadow of unprecedented pressure from the Trump White House. At the same time, Trump has suggested he is close to naming a new Fed Chair, to replace Powell once his term ends in May. He could be letting other Fed officials take on the job of explaining why the central bank may hold off on rate cuts in the coming months, Reinhart said. In a speech earlier this month, Paulson said an improving economy should allow more rate cuts later in the year.