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
Bank Economists: No Clear Recession, Only Slow Growth
Jun 18, 2008The economy will continue to experience slow economic growth this year and into early 2009, according to a press statement Tuesday afternoon from the Economic Advisory Committee of the American Bankers Association. “Although the tax rebates are providing some near-term lift to spending, households will continue to face a multiplicity of negative forces, including energy and food prices, restrained credit conditions and declining home prices,” said Peter Hooper, chair of the committee and chief economist, Deutsche Bank Securities in New York.
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Housing Starts Hit 17-Year Low in May
Jun 17, 2008 -
Mortgage REIT Insider: Commercial mREITs Get Clobbered
Jun 13, 2008 -
MBA: HUD and Federal Reserve Must Work Together on RESPA Reform
Jun 12, 2008 -
Fixed Mortgage Rates Hit Eight-Month High as Inflation Concerns Mount
Jun 12, 2008 -
Mortgage Market Remains “Strained,” Says Fed’s Kroszner
Jun 06, 2008 -
Fixed Mortgage Rates Hold Steady; Adjustable Rates Fall Sharply
Jun 05, 2008 -
Community Banks Move into Mortgages; So, Too, Does Credit Crunch
Jun 05, 2008 -
Fed’s Rosengren: Smaller Banks at Risk from Housing Fallout
May 30, 2008 -
Eroding Loss Coverage at Banks a “Worrisome Trend,” FDIC Says
May 29, 2008 -
Mortgage Rates Rise as Inflation Jitters Grow; Treasury Yields Jump Above 4 Percent
May 29, 2008
