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
Bernanke Sees Foreclosures Peaking in H209
Jul 21, 2009US and international efforts to stem the recession are starting to take hold and the pace of economic decline seems to have slowed, but foreclosures and unemployment won’t peak until the second half of 2009 (H209), according to Federal Reserve chairman Ben Bernanke. Continued measures, like a extremely low federal funds rate, will be needed to get the economy back on track, Bernanke told the House Financial Services Committee on Tuesday.
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Oversight Board Sees TARP Aiding Borrowers
Jul 20, 2009 -
TALF Gets $669 Million of Requests for CMBS
Jul 17, 2009 -
Boston Fed Finds Lenders Prefer Foreclosure
Jul 09, 2009 -
Weekly Mortgage Refi Applications Plunge 30%
Jul 01, 2009 -
Viewpoint: A TV Special: The House Bank of America Soap Opera
Jun 30, 2009 -
Monday Morning Cup of Coffee
Jun 29, 2009
