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
May inflation climbs to 4.2%, Fed likely stays on hold
Jun 10, 2026BLS said May CPI rose 4.2% y/y and 0.5% m/m, with energy driving most of the gain, as core inflation rose 2.9% y/y and 0.2% m/m.
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Home purchase demand holds up even with mortgage rates at 6.7%
Jun 02, 2026 -
For mortgage rates, it’s not labor over inflation anymore
Jun 02, 2026 -
Credit card and auto loan delinquencies look like 2008. Housing does not
May 29, 2026 -
What happens to mortgage rates if the Iran conflict is over?
May 25, 2026 -
New Fed Chair Warsh loses dove as Waller turns hawkish
May 22, 2026 -
How much higher can mortgage rates go?
May 20, 2026 -
Can the housing market weather the storm as mortgage rates climb past 6.7%?
May 19, 2026 -
Mortgage rates are headed higher as the 10-year yield surges
May 15, 2026 -
Real estate agents hope Kevin Warsh can calm roller coaster housing market
May 14, 2026 -
Kevin Warsh confirmed as Fed chair as mortgage lenders look for stability
May 13, 2026 -
Inflation is rising, but mortgage spreads have kept rates under 7%
May 12, 2026
