Federal Reserve
The Federal Reserve started a rate-cutting cycle on Sept. 18, 2025, lowering its benchmark interest rate by 50 basis points (bps) to a range of 4.75% to 5%. The cut was the first since March 2020 after the Fed raised interest rates to a 23-year high point to cool the economy and quell inflation. The Fed cut rates two more times in 2024, each by 25 basis points. It has not cut interest rates so far in 2025.
Latest Posts
The Fed cuts rates, but sets job growth expectation to zero
May 20, 2026On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about the Federal Reserve’s rate cut, and the specific language Jerome Powell used in the press conference that outlined their priorities. Related to this episode:
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Mortgage rate declines are raising the likelihood of a refi surge
Mar 19, 2026 -
Fed cuts rates by 25 bps as inflation lingers, labor market weakens
Mar 18, 2026 -
How will lenders recalibrate as Fed signals path to lower rates?
Sep 17, 2025 -
Disappointing housing permits show why we need 6% mortgage rates
Sep 17, 2025 -
Housing starts plummet 8.5% in August: Builder confidence wanes amid market challenges
Sep 17, 2025 -
Rising construction costs, lower mortgage rates keep builder confidence steady
Sep 16, 2025 -
Are Fed rate cuts already priced in to mortgage rates?
Sep 16, 2025 -
Stephen Miran confirmed as Fed governor ahead of FOMC meeting
Sep 15, 2025 -
Court rules against Trump, allowing Fed Governor Lisa Cook to vote on rate cuts
Sep 15, 2025 -
Mortgage rates hit a new yearly low before the Fed meets
Sep 15, 2025 -
Fed week preview: What to expect for mortgage rates
Sep 15, 2025
