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
Fed’s Duke Addresses ‘Unavoidable’ Foreclosures
Feb 11, 2009Federal Reserve governor Elizabeth Duke on Wednesday called for efforts to not only increase loan modification and foreclosure prevention, but outlined some initiatives that might be used to deal with the segment of foreclosures politicians and industry players don’t seem to readily talk about — unavoidable foreclosures. These constitute a portion of borrowers Duke said “due to resources or circumstance” are unable to maintain mortgage payments and/or refuse to pursue reasonable modifications.
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Fed Expands TALF Five-Fold
Feb 10, 2009 -
Multifaceted Financial Stability Plan Unveiled
Feb 10, 2009 -
Bank Failures Could Reach 1,000: RBC Analyst
Feb 10, 2009 -
Fed Agency MBS Purchases Total $92 Billion
Feb 06, 2009 -
TARP Inspector General to Call for Long-Term Strategy
Feb 05, 2009 -
Raw Application Volume Rises as Household Apps Retreat
Feb 04, 2009 -
Banks Continue to Pull Back on Credit
Feb 03, 2009 -
Fed Taps JP Morgan As Custodian for MBS Purchase Program
Feb 03, 2009 -
Loan Loss Provisions Drive FirstFed’s $244.8 Million Q4 Loss
Feb 02, 2009 -
Secondary Markets Won’t Recover Until 2011, Insiders Say
Feb 02, 2009