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
FDIC adds five to its Systemic Resolution Advisory Committee
Jul 23, 2020The Federal Deposit Insurance Corporation named five new members to its Systemic Resolution Advisory Committee on Thursday.
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Doug Duncan projects mortgage lending to climb to a 17-year high in 2020
Jul 22, 2020 -
Senate committee approves Trump advisor Judy Shelton for Fed board
Jul 21, 2020 -
“Outstanding” ratings on CRA performance evaluations decline across the board
Jul 20, 2020 -
Foreclosure threat grows as COVID-19 surges, Fed says
Jul 06, 2020 -
FOMC worried virus resurgence will trigger new spike in layoffs, minutes show
Jul 01, 2020 -
Virus surge and Fed’s sour outlook push mortgage rates lower
Jul 01, 2020 -
COVID-19 pandemic delays efforts to transition away from LIBOR, Moody’s says
Jun 30, 2020 -
FHFA stretches its foreclosure moratorium
Jun 18, 2020 -
Jobless filings total 1.5 million while the overall tally of unemployed dips
Jun 18, 2020 -
Mortgage rates tumble to another all-time low
Jun 18, 2020 -
Powell urging examiners to go easy on forbearances
Jun 17, 2020
