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The prime rate is the on the federal funds rate, Federal Open Market Committee uses Federal Reserve the economy.
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Interest Rates Up Following Trump Victory, But Investors Not Too Worried - WSJHistorical Prime Rate ; � 11/8/, % ; � 12/16/, % ; � 6/29/, % ; � 2/3/, % ; � 11/15/ U.S. prime rate is the base rate on corporate loans posted by at least 70% of the 10 largest U.S. banks, and is effective 11/08/ Other prime rates aren't. The WSJ prime rate is % as of September 19, It alters when three-quarters of these financial institutions adjust their rates.
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