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
Powell: Fed is reviewing Basel III, supplemental leverage ratio rules
Jun 25, 2025On his second straight day of testimony on Capitol Hill, Federal Reserve Chair Jerome Powell said the central bank is reviewing the Basel III rules.
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Jerome Powell says the Fed isn’t budging on interest rates
Jun 24, 2025 -
Logan Mohtashami on bombings, Fed rate cuts, oil pricing and more
Jun 24, 2025 -
The mortgage market hopes for rate cuts amid war moves
Jun 23, 2025 -
Fed Vice Chair Michelle Bowman supports July interest rate cut
Jun 23, 2025 -
Logan Mohtashami: How Trump can influence Powell on mortgage rates
Jun 23, 2025 -
How will mortgage rates react to US bombing of Iran?
Jun 22, 2025 -
Senate ‘referee’ says CFPB funding can’t be cut through budget reconciliation
Jun 20, 2025 -
FHFA Director Bill Pulte calls on Fed Chair Powell to resign
Jun 19, 2025 -
Trump wants Powell to lower rates. Here’s how to do that
Jun 19, 2025 -
‘Feelings-based recession’: More Americans fearful of finances despite economic data
Jun 19, 2025 -
Logan Mohtashami on mortgage rates after the Fed meeting
Jun 19, 2025
