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
ABCP Trading Shows Greenshoots
Apr 23, 2009Activity in the asset-backed commercial paper (ABCP) market is showing a rise in activity, according to traders of the short-term debt product. The data comes amid a deluge of negative news flow in nearly every aspect of the mortgage market. According to Credit Suisse, most ABCP issuers filled financing needs very quickly throughout trading last week, due to a weakening in supply, flat demand and a surprising increase in dealer participation. The bank is one of the few remaining major players of ABCP in the US market.
-
Two New Interest Rates Introduced for TALF
Apr 22, 2009 -
Heli-Ben pushes for 4 percent mortgages
Apr 22, 2009 -
Mortgage Applications Rise as Rates Fall
Apr 22, 2009 -
Fed’s Hoenig: “Too Big to Fail” a Farce
Apr 21, 2009 -
Kohn: No Quick Recovery
Apr 21, 2009 -
Bernanke Urges Financial Innovation, Cautions on Complexity
Apr 17, 2009 -
Fed MBS Purchases Slow; Balance Sheet Swells
Apr 17, 2009 -
Fed Sees Pace of Economic Contraction Decline
Apr 16, 2009 -
Bank Details may be Officially Released
Apr 15, 2009 -
Mortgage Applications Fall Despite Lower Rates
Apr 15, 2009 -
Bernanke on Non-Banks: Passover to a New Rule Book
Apr 14, 2009
