Source:
Board of Governors of the Federal Reserve System (US)
Release:
H.15 Selected Interest Rates
Units:
Percent, Not Seasonally Adjusted
Frequency:
Monthly
Notes:
Averages of daily figures.
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.
Suggested Citation:
Board of Governors of the Federal Reserve System (US),
Bank Prime Loan Rate [MPRIME],
retrieved from FRED,
Federal Reserve Bank of St. Louis;
https://fred.stlouisfed.org/series/MPRIME,
March 1, 2021.