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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.
Records of the monthly survey on the Wall Street Journal website go back to December 2002 [1] and records of the semiannual survey range between the years 2003 and 2007. [2] However, the survey dates back to at least 1986. [3] [4]
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For example, during the COVID-19 pandemic, the central bank took its target interest rate to a very low 0 percent to 0.25 percent range. This resulted in 30-year historic low mortgage rates below ...
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Whether or not House Speaker Johnson and his colleagues can find a way out of this standoff, the economic costs also could already be real in the world of credit ratings.
U.S. prime rate#Wall Street Journal prime rate From a merge : This is a redirect from a page that was merged into another page. This redirect was kept in order to preserve the edit history of this page after its content was merged into the content of the target page.
The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank provided some financial relief to inflation-weary borrowers in September by ...
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