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
The Blame Game: Lehman CEO Fuld Talks
Oct 07, 2008Richard S. Fuld Jr., in his first public appearance since Lehman Brothers Holdings Inc. collapsed in September, said in a sworn testimony before a Congressional panel on Monday that while he took full responsibility for the failure of the company he led, he still believed all his decisions “were both prudent and appropriate” at the time.
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Wachovia Suitors Agree to Play Nice
Oct 07, 2008 -
Fed Acts, Dow Reacts
Oct 07, 2008 -
Congress Begins Hearings, Will Look for Blame
Oct 06, 2008 -
Bush Signs Bailout into Law
Oct 03, 2008 -
AIG Plans to Refocus on P&C Insurance Biz
Oct 03, 2008 -
Will the Bailout Plan Work? Economists Weigh In
Sep 26, 2008 -
Fed’s Fisher: Credit Markets Have “STD”
Sep 26, 2008 -
Opinion: Reflections on a Bailout
Sep 25, 2008 -
Bernanke Tosses Script, Discusses Asset Pricing
Sep 23, 2008 -
Ben Bernanke testimony on financial markets, bailout
Sep 23, 2008
