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
Fed Vice Chair Stanley Fischer resigns, citing “personal reasons”
Sep 06, 2017With Janet Yellen’s term as Federal Reserve chair set to expire early next year, there has already been plenty of discussion about who might replace her. As it turns out, President Donald Trump will have more than Yellen’s position to fill, as the Fed announced Wednesday that Vice Chair Stanley Fischer plans to resign in October, with more than two years left in his term with the Fed.
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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 -
YellenÕ testimony shows dovish approach toward federal funds rate
Jul 12, 2017 -
Fed Governor Powell: Here are 5 principles for housing finance reform
Jul 06, 2017 -
Fed fines Bank of New York Mellon for misstating capital for more than 3 years
Jun 27, 2017 -
Federal Reserve: All banks passed stress tests again
Jun 22, 2017
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