Bank Prime Loan Rate (MPRIME)

Observation:

May 2023: 8.23 (+ more)   Updated: 3:21 PM CDT
May 2023:  8.23  
Apr 2023:  8.00  
Mar 2023:  7.82  
Feb 2023:  7.74  
Jan 2023:  7.50  
View All

Units:

Percent,
Not Seasonally Adjusted

Frequency:

Monthly

NOTES

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, June 1, 2023.


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