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Bank Prime Loan Rate Changes: Historical Dates of Changes and Rates (PRIME)

Observation:

2023-07-27: 8.50 (+ more)   Updated: Jul 28, 2023 3:37 PM CDT
2023-07-27:  8.50  
2023-05-04:  8.25  
2023-03-23:  8.00  
2023-02-02:  7.75  
2022-12-15:  7.50  
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Units:

Percent,
Not Seasonally Adjusted

Frequency:

Not Applicable

NOTES

Source: Board of Governors of the Federal Reserve System (US)  

Release: H.15 Selected Interest Rates  

Units:  Percent, Not Seasonally Adjusted

Frequency:  Not Applicable

Notes:

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

Suggested Citation:

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, May 21, 2024.

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