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2. U.S. prime rate - Wikipedia

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

   The U.S. prime rate is in principle the interest rate at which a supermajority (3/4ths) of American banking institutions grant loans to their most creditworthy corporate clients. [1] As such, it serves as the de facto floor for private-sector lending, and is the baseline from which common "consumer" interest rates are set (e.g. credit card rates).

3. 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. ... business loans, ... their yearly interest rates move up or down according to the benchmark interest rate — usually the prime rate.

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

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

   The prime interest rate, ... The current prime rate is 8.5 percent, but that doesn’t mean that people with prime credit should expect to only pay 8.5 percent APR on their credit cards. Credit ...

5. Prime rate - Wikipedia

   en.wikipedia.org/wiki/Prime_rate

   Prime rates in the US, FRG and the European Union. The prime rate or prime lending rate is an interest rate used by banks, typically representing the rate at which they lend to their most creditworthy customers. Some variable interest rates may be expressed as a percentage above or below prime rate. [1]: 8

6. The Fed rate cut: 5 ways lower rates will affect your wallet

   www.aol.com/finance/what-does-fed-rate-cut-mean...

   Card issuers tie their APR rates to the prime lending rate, which typically sits at about 3.00% higher than the Fed funds rate. For instance, the prime rate rose to 8.50% in July 2023 just as the ...

7. List of countries by commercial bank prime lending rate

   en.wikipedia.org/wiki/List_of_countries_by...

   prime lending rate Date of information 1 Madagascar: 64.00: 31 December 2017 est. 2 Brazil: 10.50: 08 May 2024 3 Congo, Democratic Republic of the: 35.90: 31 December 2017 est. 4 Syria: 33.30: 31 December 2017 est. 5 Gambia, The: 30.60: 31 December 2017 est. 6 Tajikistan: 30.00: 31 December 2017 est. 7 Ghana: 8 Mozambique: 27.00: 31 December ...