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 GSEs Might Save Mortgage Rates After the Fed After All!
Feb 24, 2010The closely watched pot on my stove for the last six months, otherwise known as the Fed’s MBS purchase program, is coming to an imminent end. (If you start here, you should be able to follow my posts on the subject as far back as you like. ) If you are up-to-date on the issues surrounding the Fed’s departure (or insist, like an old school journalist, on getting the gist of the whole story in the lead), jump ahead to “Buyouts a Strong Technical.” Otherwise, here’s the brief:
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More Advice for the Fed
Feb 19, 2010 -
Waiting for the Return of Buy-to-Hold Investors? Don’t Hold Your Breath
Feb 17, 2010 -
Waiting for the Fed to Withdraw
Feb 01, 2010 -
Hate to Say I Told You So
Feb 01, 2010 -
Eyes and Ears Peeled for GSE Buyout Surge
Jan 27, 2010 -
Bank Failures and Losses Ahead in 2010
Jan 22, 2010 -
Printing More Money as a Capital Illusion
Jan 20, 2010 -
Money Makes Us Crazy
Jan 19, 2010 -
No Reason to Get Excited
Jan 18, 2010 -
Housing Sales Up, Prices Remain Steady: Beige Book
Jan 13, 2010 -
Working Backwards on a Recovery
Jan 13, 2010