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
Bernanke: Housing Recovery Requires Taxpayer Dollars
Dec 05, 2008Nine days after the Federal Reserve announced its plan to buy up to $500 billion in mortgage-backed securities from government-sponsored entities, Fed chairman Ben Bernanke said in a speech Thursday that the key to the troubled housing market’s recovery will be even more government intervention with more taxpayer dollars.
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Mortgage Rates Dive After Fed Announced MBS Purchase Plan
Dec 04, 2008 -
Capital One to Buy Chevy Chase Bank for $520 Million
Dec 04, 2008 -
Treasury Weighs 4.5 Percent Mortgages, But Who Will Buy?
Dec 04, 2008 -
GAO on TARP: Critical Gaps Need Mending
Dec 03, 2008 -
Apps Soar as Mortgage Rates Decline, But Questions Remain
Dec 03, 2008 -
Viewpoint: Add Rubin to the Who-Knew-Crew
Dec 01, 2008 -
Treasury Yields Hit Record Lows, But Will it Last?
Dec 01, 2008 -
Banks, Thrifts Endure a Brutal Q3
Nov 26, 2008 -
Feds Step into Secondary Mortgage Market in a Big Way
Nov 25, 2008 -
Viewpoint: Bernanke Admits Misjudging Mortgage Crisis
Nov 24, 2008
