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
In leaving rates alone, the Fed hides behind solid labor market
Jan 29, 2025The Fed didn’t cut or raise interest rates today, proving that it is shaping its policy around the labor market more than inflation.
-
No surprise: Fed holds rates steady
Jan 29, 2025 -
Logan Mohtashami on Fed day and mortgage rates
Jan 29, 2025 -
Mortgage rates decline slightly, but help from the Fed isn’t coming
Jan 28, 2025 -
What can President Trump do to help the housing crisis?
Jan 25, 2025 -
What’s behind Trump’s ‘demand’ for lower interest rates
Jan 23, 2025 -
Mortgage rates aren’t budging as Trump settles into office
Jan 23, 2025 -
Mortgage rates fall after Trump’s executive orders
Jan 21, 2025 -
Mortgage rates fall after remarks by Fed’s Chris Waller
Jan 16, 2025 -
Turn that frown upside down: Homebuilders are optimistic heading into 2025
Jan 16, 2025 -
Mortgage rates will remain elevated while the economy runs hot
Jan 14, 2025 -
Jobs week data is keeping mortgage rates above 7%
Jan 10, 2025
