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Prime rate charged by banks on short-term loans to business (percentage points) - United States - FED Board - Weekly

Latest updates. In US money markets, the prime rate charged by banks on short-term loans to businesses stood at 7.00 percent on 17 September 2026, versus 6.75 on the previous day.

Sample. This weekly time series has 18,128 observations overall. The time period covered by the series is from August 1955 to September 2026.

History. Here’s a quick look at some simple statistics we computed on the entire sample: the interest rate reached a maximum of 21.50 percent on 19 December 1980; it reached a trough of 3.25 on 4 August 1955; it had a mean of 6.84.

Latest values

Date Value - Percentage points
2026-09-15 6.75000
2026-09-16 6.75000
2026-09-17 7.00000

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Series Metadata

Field Value
Description Prime rate charged by banks on short-term loans to business
Country United States
Economic concept Interest rate
Data type Interest rate
Deflation method Nominal
Seasonally adjusted No
Rescaling None
Frequency Weekly
Unit Percentage points
Source Board of Governors of the Federal Reserve System
Source type Central bank
Data licence Licence to copy and distribute without permission
Measure type Level

Series in the same data set

Discover the other time series included in this data set.

Fed funds

Series Name Observations Start Date End Date
Federal funds effective rate (percentage points) - United States - FED Board - Daily 18162 1954-07-01 2026-09-17

Commercial paper

Series Name Observations Start Date End Date
30-Day AA Nonfinancial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily 6990 1997-01-02 2026-09-17
60-Day AA Nonfinancial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily 6209 1997-01-02 2026-09-17
90-Day AA Nonfinancial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily 5304 1997-01-02 2026-09-17
30-Day AA Financial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily 6072 1997-01-02 2026-09-04
60-Day AA Financial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily 5780 1997-01-02 2026-09-09
90-Day AA Financial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily 6747 1997-01-02 2026-09-11

Prime bank rate

Series Name Observations Start Date End Date
Prime rate charged by banks on short-term loans to business (percentage points) - United States - FED Board - Weekly 18128 1955-08-04 2026-09-17

Treasury bills

Series Name Observations Start Date End Date
4-week Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily 6285 2001-07-31 2026-09-17
3-month Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily 18169 1954-01-04 2026-09-17
6-month Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily 16929 1958-12-09 2026-09-17
1-year Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily 15093 1959-07-15 2026-09-17