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Bank Prime Loan Rate | ALFRED | St. Louis Fed – Averages of daily figures. Rate posted by a majority of top 25 (by assets in domestic offices) insured U.S.-chartered commercial banks. Prime is one of several base rates used by banks to price short-term business loans.
Here’s how the Fed’s decision to raise interest rates could impact your life – The US central bank just raised its benchmark interest rate for the first. with at least a dozen major banks announcing that it has increased to 3.75%. More on prime loan rate. Interest rates for.
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