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WSJ Prime Rate Changes. 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.
What Is the Prime Rate Today? While the current prime rate is set at 7.75% effective Feb. 2, 2023, it fluctuates over time. The table below lists the prime rate changes over the past five years.
Prior to December 17, 2008, the Wall Street Journal followed a policy of changing its published prime rate when 23 out of 30 of the United States' largest banks changed their prime rates. Recognizing that fewer, larger banks now control most banking assets (that is, it is more concentrated), the Journal now publishes a rate reflecting the base ...
Find out how history affects today's rates and what it means for you. ... The prime rate published by The Wall Street Journal is the base rate on corporate loans posted by at least 70% of the 10 ...
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 ...
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The prime lending rate is a key interest rate that affects many other rates. See why it matters to you. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290 ...
The contents of the Wall Street Journal prime rate page were merged into U.S. prime rate on 16 February 2023. For the contribution history and old versions of the redirected page, please see its history ; for the discussion at that location, see its talk page .