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 Backs Wells’ Merge With Wachovia
Oct 13, 2008Wells Fargo & Co. [stock WFC][/stock] announced Sunday that the Board of Governors of the Federal Reserve approved its application to merge with Wachovia Corp. [stock WB][/stock] “The approval is an important step forward in the transaction, which still requires the approval of Wachovia shareholders,” and should be completed by the end of Q4 2008, Wells said in a press statement Sunday.
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Mortgage REIT Insider: Commercial mREITs Take 1-2 Punch
Oct 10, 2008 -
AIG: More Money, Please
Oct 09, 2008 -
Treasury to ‘Inject Capital’ into Banks
Oct 09, 2008 -
Fed Cuts Rate in Global Coordination
Oct 08, 2008 -
The Blame Game: Lehman CEO Fuld Talks
Oct 07, 2008 -
Wachovia Suitors Agree to Play Nice
Oct 07, 2008 -
Fed Acts, Dow Reacts
Oct 07, 2008 -
Congress Begins Hearings, Will Look for Blame
Oct 06, 2008 -
Bush Signs Bailout into Law
Oct 03, 2008 -
AIG Plans to Refocus on P&C Insurance Biz
Oct 03, 2008 -
Will the Bailout Plan Work? Economists Weigh In
Sep 26, 2008
