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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/current-prime-rate-does-affect...

   The current prime rate is 7.75%, up from 7.50% in December. It went into effect Feb. 2, 2023. This is the eighth time that the Federal Reserve has increased the prime rate since it began its most ...

4. Prime rate - Wikipedia

   en.wikipedia.org/wiki/Prime_rate

   The prime rate or prime lending rate is an interest rate used by ... Auto loan interest rate 48 months new autos ... This page was last edited on 11 November ...

5. This Fed rate cut: 5 ways lower rates affect how you ... - AOL

   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 ...

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

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

   The prime rate impacts the cost of credit on consumer loans, including credit card accounts, with the rates on consumer loans moving up or down with the prime rate.

7. File:Historical WSJ Prime Rate 1947 to June 2022.svg

   en.wikipedia.org/wiki/File:Historical_WSJ_Prime...

   Historical WSJ Prime Rate 1947 to June 2022. Items portrayed in this file depicts. Wall Street Journal prime rate. U.S. prime rate. creator. some value. author name ...

8. Big U.S. banks raise prime lending rate after Fed's sharp hike

   www.aol.com/news/jp-morgan-raises-prime-lending...

   (Reuters) -U.S. banks JPMorgan Chase & Co, Citigroup and Wells Fargo raised their prime lending rates by 75 bps to 5.5% on Wednesday to reflect the Federal Reserve's latest interest rate move.

9. Johannesburg Interbank Average Rate - Wikipedia

   en.wikipedia.org/wiki/Johannesburg_Interbank...

   This rate is calculated daily by the South African Futures Exchange as the average prime lending rate quoted independently by a number of different banks. The rate is available in one-month, three-month, six-month and twelve-month discount terms. In particular, the three-month JIBAR rate is used as a benchmark of short-term interest rate movements.