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 Job Losses Ease
Jan 21, 2009On the heels of an ailing economy have come massive job cuts in all U.S. markets in the recent months, and according to state unemployment data released Thursday, new jobless claims are still on the rise.
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Paulson: ‘Good Portion’ of TARP Must Go to Banks
Jan 16, 2009 -
With $18.7 Billion Lost in 2008, It’s Splitsville for Citi
Jan 16, 2009 -
Fed to the Rescue, Grants BofA $20 Billion More
Jan 16, 2009 -
Mortgage Rates: How Low Can They Go?
Jan 15, 2009 -
Fed’s Kroszner Resigns, Heads Back to School
Jan 13, 2009 -
FDIC’s Institutions Must Monitor TARP Funds
Jan 13, 2009 -
Stimulus Alone Isn’t Enough: Bernanke
Jan 13, 2009 -
Over 300 Mortgage-Related Failures
Jan 12, 2009
