Federal Reserve Economic Data

Bank Prime Loan Rate (MPRIME)

Observation:

Dec 2024: 7.65 (+ more)   Updated: Jan 2, 2025 4:45 PM CST
Dec 2024:  7.65  
Nov 2024:  7.81  
Oct 2024:  8.00  
Sep 2024:  8.30  
Aug 2024:  8.50  
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.

For questions on the data, please contact the data source. For questions on FRED functionality, please contact us here.

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, .


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