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Source: Board of Governors of the Federal Reserve System (US)
Release: H.15 Selected Interest Rates
Units: Percent, Not Seasonally Adjusted
Frequency: Daily
Rate posted by a majority of top 25 (by assets in domestic offices) insured U.S.-chartered commercial banks. Prime is one of several base rates used by banks to price short-term business loans.
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Board of Governors of the Federal Reserve System (US), Bank Prime Loan Rate [DPRIME], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DPRIME, .
Source: Board of Governors of the Federal Reserve System (US)
Release: H.15 Selected Interest Rates
Units: Percent, Not Seasonally Adjusted
Frequency: Not Applicable
Effective Date.
Early historical data for this series include the following:
1929 range of 5.5 to 6
1930 range of 3.5 to 6
1931 range of 2.75 to 5
1932 range of 3.25 to 4
1933 range of 1.5 to 4
1934 (date uncertain) value of 1.5
1935 (date uncertain) value of 1.5
1947-12 (specific date uncertain) value of 1.75
1948-08 (specific date uncertain) value of 2
1950-09-22: 2.25
1951-01-08: 2.5
1951-10-17: 2.75
1951-12-19: 3
1953-04-27: 3.25
1954-03-17: 3
EFFECTIVE 4/16/73 DUAL PRIME RATE
Board of Governors of the Federal Reserve System (US), Bank Prime Loan Rate Changes: Historical Dates of Changes and Rates [PRIME], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PRIME, .
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