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 MBS Purchases Slow; Balance Sheet Swells
Apr 17, 2009The Federal Reserve Bank of New York purchased another $30.4bn in gross agency mortgage-backed securities (MBS) this week from government-sponsored entities Freddie Mac [stock FRE][/stock], Fannie Mae [stock FNM][/stock] and Ginnie Mae, according to a late-Thursday announcement. The Fed purchased, net of $8.65bn in coupon sales, $21.75bn in agency MBS in the week ending April 15, a slowdown from last week’s $30.4bn in net purchases.
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Fed Sees Pace of Economic Contraction Decline
Apr 16, 2009 -
Bank Details may be Officially Released
Apr 15, 2009 -
Mortgage Applications Fall Despite Lower Rates
Apr 15, 2009 -
Bernanke on Non-Banks: Passover to a New Rule Book
Apr 14, 2009 -
Recession to End in 2009, Unemployment to Rise: Report
Apr 10, 2009 -
Fed Orders Banks Mum on Stress Tests: Report
Apr 10, 2009 -
Fed’s Gross Weekly MBS Purchases Spike
Apr 10, 2009 -
TARP Oversight Panel: Oust Executives, Liquidate Banks
Apr 08, 2009 -
Fed’s Fisher on Reversing a ‘Grim’ Economy
Apr 08, 2009 -
Mortgage Applications Still Going Strong
Apr 08, 2009 -
Fed’s Weekly MBS Purchases Unchanged, Net of Sales
Apr 03, 2009
