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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.
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You are free: to share – to copy, distribute and transmit the work; to remix – to adapt the work; Under the following conditions: attribution – You must give appropriate credit, provide a link to the license, and indicate if changes were made.
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 ...
How variable rates work. Variable rates work by rising or falling in reaction to financial markets. Typically, they’re tied to a benchmark rate, such as the Wall Street Journal Prime Rate and ...
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 ...
A version of this story first appeared at TKer.co. It’s that time of year when Wall Street’s top strategists tell clients where they see the stock market heading in the year ahead.. The ...
Pages for logged out editors learn more. Contributions; Talk; Wall Street Journal prime rate