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 calls coronavirus “new risk” to economy, minutes show
Feb 19, 2020Federal Reserve officials dubbed coronavirus a “new risk” the economy at their Jan. 28 to 29 meeting, minutes of the meeting show.
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Mortgage rates as we know them may hang on a single Republican vote
Feb 13, 2020 -
GDP may slow to 1.5% in 2020’s first quarter
Feb 12, 2020 -
Powell warns Congress of pandemic fallout while Trump live-tweets criticism
Feb 11, 2020 -
Fed holds rate steady, cites “muted” inflation
Jan 29, 2020 -
Venture capital fund backed by housing’s biggest companies plans massive climate change investment
Jan 21, 2020 -
White House announces two Fed nominations
Jan 21, 2020 -
Housing market challenged by a dearth of construction workers
Jan 16, 2020 -
Homebuilder confidence weakens in January
Jan 16, 2020 -
UBS: Fed may cut rate three times in 2020
Jan 15, 2020 -
U.S. mortgage debt hits a record $15.8 trillion
Jan 09, 2020 -
Fed Vice Chairman says U.S. economy is “in a good place”
Jan 09, 2020
