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 Expands Loan Facilities; Banks Establish $70 Billion Fund
Sep 15, 2008Updating an earlier email subscriber exclusive sent out last Friday, ten banks said Monday that they’ve established a $70 billion borrowing facility to bolster liquidity among a battered financial market in the wake of the failure of Lehman Brothers Holdings Inc. [stock LEH][/stock] and the sale of Merrill Lynch & Co. [stock MER][/stock] to Bank of America Corp. [stock BAC][/stock].
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Stunned here at HW
Sep 14, 2008 -
AIG on the Brink, Too
Sep 14, 2008 -
Paulson: No Federal Money for Lehman
Sep 12, 2008 -
Lehman’s End, Bear Stearns Style?
Sep 11, 2008 -
Yours Truly, Hank
Sep 10, 2008 -
Mortgage Rates Ease as Economy Regains Center Stage
Sep 04, 2008 -
Housing Remains Weak, Economy Slowing: Fed
Sep 03, 2008 -
Mortgage Rates Drift Lower as Economic Concerns Linger
Aug 28, 2008 -
Fannie, Freddie Shares Rally; Nationalization Fears Ease
Aug 27, 2008 -
Another theory on Freddie’s debt sale
Aug 26, 2008 -
Fannie, Freddie Hammered Again; Will it Matter?
Aug 20, 2008