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2. U.S. prime rate - Wikipedia

   en.wikipedia.org/wiki/U.S._Prime_Rate

   The Wall Street Journal Prime Rate (WSJ Prime Rate) is a measure of the U.S. prime rate, defined by The Wall Street Journal (WSJ) as "the base rate on corporate loans posted by at least 70% of the 10 largest U.S. banks". It is not the "best" rate offered by banks.

3. How does the prime interest rate affect you? - AOL

   www.aol.com/finance/does-prime-interest-rate...

   The prime interest rate, also known as the “U.S. prime rate” or “Wall Street Journal prime rate,” is determined by individual banks, helping them decide how much interest to charge for ...

4. What Is the Current Prime Rate and How Does It Affect You? - AOL

   www.aol.com/finance/current-prime-rate-does...

   The current prime rate is 5.50%, up from 4.75% in June. It went into effect July 28, 2022. This is the fourth time in 2022 that the Federal Reserve has increased the prime rate. The prime...

5. What Is the Current Prime Rate and How Does It Affect You? - AOL

   www.aol.com/current-prime-rate-does-affect...

   The current prime rate is 5.50%, up from 4.75% in June. It went into effect July 28, 2022. This is the fourth time in 2022 that the Federal Reserve has increased the prime rate. The prime rate...

6. When will the Fed begin to cut interest rates? It’s a mystery

   www.aol.com/fed-begin-cut-interest-rates...

   There is currently a roughly 44% chance of the Fed cutting rates in September versus a 42% chance of another pause, the CME FedWatch Tool shows. The odds of an initial cut in November are a bit...

7. Prime rate - Wikipedia

   en.wikipedia.org/wiki/Prime_rate

   As of 26 December 2023 the prime rate was 8.50% in the United States [2] and 7.20% in Canada. [3] In the United States, the prime rate runs approximately 300 basis points (or 3 percentage points) above the federal funds rate, which is the interest rate that banks charge each other for overnight loans made to fulfill reserve funding requirements.