Prime rate charged by banks on short-term loans to business (percentage points) - United States - FED Board - Weekly
This series is part of the dataset: US money market rates (FED Board)
Download Full Dataset (.xlsx)Latest updates. In US money markets, the prime rate charged by banks on short-term loans to businesses stood at 6.75 percent on 16 June 2026, the same value recorded on 15 June 2026.
Sample. There are 18,062 data points overall in the weekly time series shown in the figure above. The series covers the time period extending from August 1955 to June 2026.
History. Have a look at some summary statistics calculated on the whole sample: the interest rate had an average value of 6.84 percent; it hit a minimum of 3.25 on 4 August 1955; it hit a peak of 21.50 on 19 December 1980.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-06-12 | 6.75 |
| 2026-06-15 | 6.75 |
| 2026-06-16 | 6.75 |
Nugget of wisdom. One of the pros of using our web site is that we give you rich metadata. Find it below to delve deeper into the attributes of the time series that you use in your research.
Not for investment purposes. Data and analyses collected and published on FetchSeries are not meant for investment purposes or as a basis for financial-decision making. Users should seek expert advice and perform independent analysis before taking any financial risk.
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 | 18099 | 1954-07-01 | 2026-06-18 |
Commercial paper
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| 30-Day AA Nonfinancial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 6936 | 1997-01-02 | 2026-06-18 |
| 60-Day AA Nonfinancial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 6164 | 1997-01-02 | 2026-06-17 |
| 90-Day AA Nonfinancial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 5287 | 1997-01-02 | 2026-06-17 |
| 30-Day AA Financial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 6059 | 1997-01-02 | 2026-06-12 |
| 60-Day AA Financial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 5762 | 1997-01-02 | 2026-06-08 |
| 90-Day AA Financial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 6711 | 1997-01-02 | 2026-06-18 |
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 | 18062 | 1955-08-04 | 2026-06-16 |
Treasury bills
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| 4-week Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily | 6223 | 2001-07-31 | 2026-06-18 |
| 3-month Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily | 18107 | 1954-01-04 | 2026-06-18 |
| 6-month Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily | 16867 | 1958-12-09 | 2026-06-18 |
| 1-year Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily | 15031 | 1959-07-15 | 2026-06-18 |