New Delhi, Jan. 27 -- US President Donald Trump's open attempts at glaring the Federal Reserve down into rate cuts notwithstanding, it looks unlikely that America's central bank will oblige as its two-day monetary policy review begins on Tuesday.

Inflation is still above the Fed's 2% target and could rise more as the economy gains momentum on the back of past cuts.

The Fed's last rate call, a cut, was clouded by economic data gaps in the wake of a government shutdown.

Data for recent months that's now available shows an economy that hasn't changed much since then.

This time, a rate cut seems unlikely, with some expecting the status quo to last till around mid-year.

Meanwhile, what shape US monetary policy formulation takes once Fed c...