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 was 7.00 percent on 13 November 2025, as on 12 November.
Sample. This weekly series has a total of 17,911 data points. The series covers the time period extending from August 1955 to November 2025.
History. Take a look at some descriptive statistics we computed on the entire sample: the interest rate hit a minimum of 3.25 percent on 4 August 1955; it recorded its maximum of 21.50 on 19 December 1980; it was equal on average to 6.84.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-11-11 | 7.0 |
| 2025-11-12 | 7.0 |
| 2025-11-13 | 7.0 |
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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: Fed funds
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Federal funds effective rate (percentage points) - United States - FED Board - Daily | 17950 | 1954-07-01 | 2025-11-13 |
Series in the same data set: Commercial paper
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| 30-Day AA Nonfinancial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 6803 | 1997-01-02 | 2025-11-13 |
| 60-Day AA Nonfinancial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 6061 | 1997-01-02 | 2025-11-12 |
| 90-Day AA Nonfinancial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 5227 | 1997-01-02 | 2025-10-31 |
| 30-Day AA Financial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 6014 | 1997-01-02 | 2025-11-13 |
| 60-Day AA Financial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 5739 | 1997-01-02 | 2025-11-13 |
| 90-Day AA Financial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 6632 | 1997-01-02 | 2025-11-13 |
Series in the same data set: 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 | 17911 | 1955-08-04 | 2025-11-13 |
Series in the same data set: Treasury bills
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| 4-week Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily | 6074 | 2001-07-31 | 2025-11-13 |
| 3-month Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily | 17958 | 1954-01-04 | 2025-11-13 |
| 6-month Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily | 16718 | 1958-12-09 | 2025-11-13 |
| 1-year Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily | 14882 | 1959-07-15 | 2025-11-13 |