how much did the fed cut rates

The Federal Reserve has most recently been cutting interest rates in small, quarter-point steps, and then paused.

Quick Scoop: How much did the Fed cut?

• In late 2025, the Fed cut its benchmark rate three times in a row , each time by 0.25 percentage points (25 basis points).

• By December 2025, that added up to a total of 0.75 percentage points of cuts over that three‑meeting stretch.

• Those moves brought the federal funds rate down to a target range of about 3.5% to 3.75% , the lowest level since 2022.

• At the January 28, 2026 meeting, the Fed did not cut further ; it held rates steady at 3.5%–3.75% , ending that streak of cuts.

In plain terms: the Fed cut by 0.25% three times (total 0.75%), then stopped cutting and held the rate where it was.

If you were asking about “today’s” decision (January 28, 2026), the answer is: they didn’t cut at all today; the rate stayed at 3.5%–3.75%.

Information gathered from public forums or data available on the internet and portrayed here.