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
Federal Reserve Board terminates enforcement action against EverBank
Jun 09, 2017The Federal Reserve Board terminated its enforcement action against EverBank Financial Corp. related to residential mortgage loan servicing and foreclosure processing due to the acquisition of the company by the Teachers Insurance and Annuity Association. The enforcement action required EFC to enhance its oversight over the mortgage servicing and foreclosure processing of its thrift subsidiary, EverBank.
-
SunTrust fined $1.5 million by Federal Reserve for violations of Flood Insurance Act
May 25, 2017 -
Watchdog: The CFPB fails to properly secure confidential enforcement information
May 19, 2017 -
Trump reportedly close to choosing the new “most powerful man in banking”
Apr 17, 2017 -
Richmond Fed President Jeffrey Lacker resigns, admits to leaking confidential information
Apr 04, 2017 -
Trump reportedly considering former OneWest CEO to lead OCC
Mar 21, 2017 -
Newly appointed Atlanta Fed President Raphael Bostic resigns from Freddie Mac board
Mar 17, 2017 -
Atlanta Fed selects former HUD assistant secretary Raphael Bostic as new president
Mar 13, 2017 -
Hawkish Fed official comfortable with raising rates in current economy
Feb 20, 2017 -
Wells Fargo fails living wills test; slapped with even more sanctions
Dec 13, 2016 -
FOMC minutes: Some Fed members concerned with prolonged low interest rates
Oct 12, 2016 -
Fed continues to send signals on looming interest rate hike
Aug 30, 2016
