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
Questions of Faith for Legacy Loans Program
May 29, 2009The Federal Deposit Insurance Corp. (FDIC), which is designing the Legacy Loans Program, is receiving concerns from both potential buyers and potential sellers of the loans that the rules of the program might change as public and political views of Wall Street deteriorate further. The Legacy Loans Program, a big part of the Public-Private Investment Program (PPIP) designed to attract private capital to buy up toxic — or so-called “legacy” — loans may even be closed, reports say, as regulators shuffle programs to find the right balance.
-
Fed’s Weekly MBS Sales Increase Eightfold
May 29, 2009 -
Fully Automated, Early Disclosure Solution Unveiled
May 27, 2009 -
Bank Net Income Falls 60% from Q108
May 27, 2009 -
Putting TARP to Work
May 22, 2009 -
Fed’s MBS Purchases Ease
May 22, 2009 -
Interest Rates Contract as Fed’s Efforts Widen
May 21, 2009 -
TALF Expands to Include Legacy CMBS
May 19, 2009 -
Residential Delinquencies Soar in Q109
May 19, 2009 -
Fed Buys $35.6 Billion in MBS
May 15, 2009 -
Bernanke Aboard Stress Test Bandwagon
May 12, 2009
