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prime rate



Example Sentences

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DBS’s economics team expects the 1-year loan prime rate to remain at 3.00%, as policymakers gauge January-February data to assess the impact of previous easing measures.

From The Wall Street Journal • Mar. 13, 2026

Possibly the most telling statistic tracks the difference between borrowing benchmarks, such as the prime rate, and what you pay on your credit card.

From Los Angeles Times • Jan. 26, 2026

China’s central bank kept its 1-year loan prime rate unchanged on Tuesday but cut its 5-year rate by 25 basis points to 3.95%.

From Seattle Times • Feb. 19, 2024

Economists had also expected the bank to lower its five-year loan prime rate, which the country's mortgages are pegged to.

From BBC • Aug. 20, 2023

The inflationary expectations that led to a 21 1/2-percent interest prime rate and soaring mortgage rates 2 years ago are now reduced by almost half.

From State of the Union Address by Reagan, Ronald