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
Sen. Susan Collins opposes Shelton for Fed role
Aug 03, 2020The Senate Banking Committee’s approval of Judy Shelton by one vote last month was supposed to seal the deal for President Donald Trump’s controversial Fed nominee, but last week Sen. Susan Collins threw a wrench in the gears.
-
Fed warns virus control will determine U.S. economic recovery
Jul 30, 2020 -
Average U.S. mortgage rate breaks the 3% threshold again
Jul 30, 2020 -
Fate of the economy depends on virus control, Fed says
Jul 29, 2020 -
Whither mortgage rates? Ask Fed Chairman Jerome Powell
Jul 27, 2020 -
FDIC adds five to its Systemic Resolution Advisory Committee
Jul 23, 2020 -
Doug Duncan projects mortgage lending to climb to a 17-year high in 2020
Jul 22, 2020 -
Senate committee approves Trump advisor Judy Shelton for Fed board
Jul 21, 2020 -
“Outstanding” ratings on CRA performance evaluations decline across the board
Jul 20, 2020 -
Foreclosure threat grows as COVID-19 surges, Fed says
Jul 06, 2020 -
FOMC worried virus resurgence will trigger new spike in layoffs, minutes show
Jul 01, 2020 -
Virus surge and Fed’s sour outlook push mortgage rates lower
Jul 01, 2020
