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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. 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.

4. 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 ...

5. The Wall Street Journal - Wikipedia

   en.wikipedia.org/wiki/The_Wall_Street_Journal

   Media of the United States. List of newspapers. The Wall Street Journal ( WSJ ), also referred to simply as the Journal, is an American business- and economic-focused international daily newspaper based in New York City. [2] The Journal is published six days a week by Dow Jones & Company, a division of News Corp.

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

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

   The prime rate stands at 5.50%, effective July 28, 2022 — an increase from the previous rate of 4.75%. This rate helps commercial banks and lending institutions figure out how much interest...

7. How to Understand the Current Prime Rate - AOL

   www.aol.com/finance/understand-current-prime...

   The prime rate affects almost all individuals and organizations in some way, typically determining how much interest they'll have to pay on bank-borrowed money. This rate, which stands at 3.50% in