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
Searching for a virtual summer camp? The Federal Reserve banks have you covered
Jun 09, 2020With many traditional summer programs cancelled, the Federal Reserve is offering free kid-friendly financial programs all season.
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Mortgage rates hit another all-time low
May 28, 2020 -
Powell cites Fed’s mortgage intervention as a success
May 19, 2020 -
Are mortgage rates about to fall below 3%?
May 19, 2020 -
Another 2.8 million Americans file jobless claims
May 14, 2020 -
House set to pass $3 trillion relief bill as Fed chairman urges Congress to spend
May 13, 2020 -
Does the rental market need its own Paycheck Protection Program?
Apr 30, 2020 -
Mortgage rate hits all-time low after Fed rescue
Apr 30, 2020 -
Fed is slowing the pace of mortgage purchases
Apr 29, 2020 -
Why is the Fed’s unlimited support essential to the mortgage industry?
Apr 28, 2020 -
How Fed Chairman Powell rescued the mortgage market
Apr 27, 2020 -
Average U.S. mortgage rate ticks up to 3.33%
Apr 23, 2020
