The initials stand for the wall street journal which surveys large banks and publishes the consensus prime rate.
Wall street journal prime rate december 31 2015.
The federal open market committee of the federal reserve has just adjourned its seventh monetary policy meeting of 2015 and in accordance with our most recent forecast has voted to leave short term interest rates at their current levels therefore the benchmark target range for the federal funds rate will remain at 0 0 25 and the wall street journal prime rate a k a the u s.
Hsh uses the print edition of the wsj as the official source of the prime rate.
Prime rate july 29 2020.
The fomc has voted to leave the target range for the fed funds rate at 0 0 25.
Therefore the united states prime rate remains at 3 25 the next fomc meeting and decision on short term interest rates will be on september 16 2020.
View wsjprime interest rate data and compare to other rates stocks and exchanges.
Wsjprime a complete wsj us prime rate interest rate overview by marketwatch.
The fomc has voted to leave the target range for the fed funds rate at 0 0 25.
It is not the best rate offered by banks.
The prime rate is 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.
The federal open market committee of the federal reserve has just adjourned its first monetary policy meeting of 2015 and in accordance with our most recent forecast has voted to leave short term interest rates at their current levels therefore the benchmark target range for the federal funds rate will remain at 0 0 25 and the wall street journal prime rate a k a the u s.
View interest rate news and interest rate market information.
Prime rate is the base rate on corporate loans posted by at least 70 of the 10 largest u s.
Other prime rates aren t directly comparable.
Banks it is not the best rate offered by banks.
Therefore the united states prime rate remains at 3 25 the next fomc meeting and decision on short term interest rates will be on september 16 2020.
Banks and is effective 3 16 20.
It should not be confused with the federal funds rate set by the federal reserve though these two rates often move in tandem.
The journal surveys the 30 largest banks and when three quarters.
The wall street journal prime rate wsj prime rate is a measure of the u s.