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 Cuts Target Rate By Half Point
Jan 30, 2008As largely expected, the Fed cut the Federal Funds target rate 50 bps on Wednesday — just days after a 75 bp emergency cut. The cut comes as the U.S. grapples with the specter of a looming recession, the first to be led by a historic slump in housing and mortgage banking. The target rate now stands at 3 percent, the lowest since June 2005.
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NCRC Snags Fed Chief
Jan 28, 2008 -
Fed Makes Emergency Cut to Key Interest Rate; Futures Tumble
Jan 22, 2008 -
Astoria Takes Freddie Mac-Related Charge
Jan 18, 2008 -
They’re, Like, So Last Year: ARMs Fall Out of Fashion
Jan 15, 2008 -
Bank of America Looking to Buy Countrywide; Ah, the Irony
Jan 10, 2008 -
Fed Proposes New Subprime Lending Rules
Dec 18, 2007 -
Morgan Stanley’s Roach: Recession Imminent, Blames Fed
Dec 18, 2007 -
Fed to Tighten Lending Standards, Will Seek to Limit Prepayment Penalties
Dec 17, 2007 -
More on the “R” Word; It’s Becoming a Chorus
Dec 14, 2007 -
Rate Cut Leaves Investors Wanting More; Mortgage Industry Stocks Take a Beating
Dec 11, 2007
