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
Randal Quarles officially takes over as FedÕ point person on banking supervision
Oct 13, 2017After being confirmed last week in the Senate by a 65-32 margin, Randal Quarles officially took his place as a member of the Board of Governors of the Federal Reserve System on Friday. Quarles will also serve as the Fed’s vice chairman of supervision, a position that many consider to be the most powerful in banking.
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Senate confirms Randal Quarles as new “most powerful man in banking”
Oct 05, 2017 -
Is Wells Fargo facing a strong Fed penalty?
Sep 21, 2017 -
Gary Cohn reportedly out of running to be TrumpÕ Fed chair choice
Sep 06, 2017 -
Fed Vice Chair Stanley Fischer resigns, citing “personal reasons”
Sep 06, 2017 -
Caliber Home Loans fires mortgage exec after Fed banned banker from industry
Sep 06, 2017 -
Former Regions Bank exec banned from FDIC-insured banks for skirting mortgage rules
Sep 05, 2017 -
Monday Morning Cup of Coffee: MBA president calls for action on National Flood Insurance Program
Aug 21, 2017 -
Senate committee grills nominee for “most powerful position in banking”
Jul 28, 2017 -
Who’s the next Fed chair? Trump lists Cohn as possibility, but says Yellen could stay
Jul 26, 2017 -
TransUnion: December rate hike prevented 1 million Americans from paying their mortgage
Jul 20, 2017 -
Yellen: Two Treasury reforms could send economy into recession
Jul 13, 2017
