The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.

Key Takeaways Federal Reserve policymakers are split on whether to cut interest rates in July, minutes of the Federal Open Market Committee's June meeting showed."A couple" members of the 12-vote committee said they were open to a July cut,

Federal Reserve Chair Jay Powell has reiterated that rate decisions will be data-driven — by inflation, and employment.

The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.

Fed Chair Jerome Powell has sketched out new conditions that could trigger rate cuts by summer’s end, but inflation remains a big question.

U.S. President Donald Trump on Wednesday called on the Federal Reserve to lower the federal benchmark interest rate by at least 3 percentage points, renewing his call for the U.S. central bank to lower rates to help reduce the cost to service the nation's debt.

High interest rates hurt Long Island’s housing, job market and growth. Martin Cantor argues it’s time for the Fed to cut rates to aid economic recovery.

The average rate on 30-year fixed home loans decreased to 6.67% for the week ending July 3, down from 6.77% last week.