It is highly unlikely that the Federal Open Market Committee will cut interest rates on January 29. However, a cut in March or May could be possible.

Markets currently expect the Federal Reserve to deliver its next quarter-point interest-rate reduction in June. That’s a bit later than was expected just a few weeks ago. In December, traders expected the cut to come a bit sooner,

President Trump said if oil prices come down he'll demand lower interest rates immediately, adds he knows rates 'much better' than Fed officials