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
Borrowers rush to refinance as mortgage rates fall to near-record lows
Mar 04, 2020Mortgage applications jumped double-digits this week as coronavirus fear heightens economic uncertainty, pushing mortgage rates to new lows.
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Federal Reserve makes emergency rate cut amid coronavirus fears
Mar 03, 2020 -
Wells Fargo reverses Fed rate forecast due to coronavirus fallout
Mar 02, 2020 -
Fed chairman tries to calm coronavirus jitters
Feb 28, 2020 -
Controversial Fed nominee Judy Shelton picks up key Republican support
Feb 27, 2020 -
Fed calls coronavirus “new risk” to economy, minutes show
Feb 19, 2020 -
Mortgage rates as we know them may hang on a single Republican vote
Feb 13, 2020 -
GDP may slow to 1.5% in 2020’s first quarter
Feb 12, 2020 -
Powell warns Congress of pandemic fallout while Trump live-tweets criticism
Feb 11, 2020 -
Fed holds rate steady, cites “muted” inflation
Jan 29, 2020 -
Venture capital fund backed by housing’s biggest companies plans massive climate change investment
Jan 21, 2020 -
White House announces two Fed nominations
Jan 21, 2020
