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
Greenspan says housing’s bottom in sight
May 14, 2008None other than Alan Greenspan told investors yesterday that housing prices should bottom out in 2009. The blurb at MarketWatch on Wednesday:
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Housing Woes Remain Long-Term Problem, Says Goldman Sachs Economist
May 12, 2008 -
Out of the Rubble: Traditional MBS Markets Keep on Keeping On
May 07, 2008 -
Banks Tighten Their Belts On Prime Lending During Q1
May 05, 2008 -
Fed Drops Key Rate to 2 Percent; Signals Likely Pause Ahead
Apr 30, 2008 -
Option ARM Specialist First Fed: Severe Delinquencies Jump 115 Percent During Q1
Apr 25, 2008 -
Mortgage Rates Continue Upward Climb
Apr 24, 2008 -
Bank of America to Scale Back Mortgage Lending After Countrywide Merger
Apr 22, 2008
