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prime rate



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A lot of loans are tied to the prime rate and other benchmarks driven by the Fed’s short-term targets.

From The Wall Street Journal • Mar. 20, 2026

It has steadily increased since 2022, mostly because of an increase in the prime rate, the benchmark for card issuers.

From Los Angeles Times • Jan. 14, 2026

On Monday, China’s central bank left the one- and five-year loan prime rate unchanged at 3.45% and 3.95%, in line with expectations.

From Seattle Times • May 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 prime rate has been cut almost in half, and we must work together to bring it down even more.

From State of the Union Address by Reagan, Ronald