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 sanctions Peoples Bank for misleading borrowers on mortgage fees
Nov 28, 2017Kansas-based Peoples Bank repeatedly misled borrowers about the fees they paid under the auspices of lowering the interest rate on their mortgages, the Federal Reserve Board said on Tuesday. The Fed is requiring Peoples to pay approximately $2.8 million into an account to provide restitution to the affected borrowers.
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Fed Chair nominee Jerome Powell appears before Senate Banking Committee
Nov 28, 2017 -
Housing’s biggest questions going into 2018
Nov 24, 2017 -
Trump administration reportedly considering Mohamed El-Erian for Fed Vice Chair
Nov 14, 2017 -
New York Fed President William Dudley to retire next year
Nov 06, 2017 -
Mortgage industry stands behind TrumpÕ Fed chair pick
Nov 02, 2017 -
Mohamed El-Erian talks rate hikes, future of the Fed, state of housing
Oct 24, 2017 -
Randal Quarles officially takes over as FedÕ point person on banking supervision
Oct 13, 2017 -
Senate confirms Randal Quarles as new “most powerful man in banking”
Oct 05, 2017 -
Is Wells Fargo facing a strong Fed penalty?
Sep 21, 2017 -
Gary Cohn reportedly out of running to be TrumpÕ Fed chair choice
Sep 06, 2017 -
Fed Vice Chair Stanley Fischer resigns, citing “personal reasons”
Sep 06, 2017
