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
Mortgage rates plummet to new lows
Sep 27, 2012The Federal Reserve’s continued purchase of mortgage securities took the 30-year fixed-rate mortgage down to unchartered territory this week.The Freddie Mac survey showed the 30-year, FRM…
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Jobless claims fall by 26,000
Sep 27, 2012 -
KBW: 2013 recession looms without fiscal cliff fix
Sep 26, 2012 -
QE3 enriches subprime mortgage bonds
Sep 24, 2012 -
OCC worried banks are padding profits
Sep 21, 2012 -
Deutsche Bank claims housing correction complete
Sep 20, 2012 -
Mortgage rates return to record lows
Sep 20, 2012 -
Jobless claims fall by 3,000 applications
Sep 20, 2012 -
QE3 subsidizes Wall Street and housing, but not the rest of America
Sep 18, 2012 -
QE3 may nudge more home sales to investors
Sep 14, 2012 -
Why would a good bank (FirstMerit) buy a bad bank (Citizens Republic)?
Sep 14, 2012 -
Is Bernanke driving investors toward housing?
Sep 13, 2012