Trump has said he wants lower interest rates, but he may be standing in his own way.The president said he would demand interest rates be lowered at in address to Davos last week.His policies, though,

U.S. President Donald Trump is getting his wish that interest rates drop across the world, just not at home where a strong economy and uncertainty over his own policies have set the stage for the Federal Reserve to diverge from its central bank peers.

The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in line with economists' expectations.