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 7.00 percent on 9 November 2026, as on 6 November 2026.
Sample. There are 18,165 records in the weekly time series presented in the chart above. The time span covered by the series goes from August 1955 to November 2026.
History. Here's a snapshot of some descriptive statistics calculated on the whole sample: the interest rate was equal on average to 6.84 percent; it reached its lowest level of 3.25 percent on 4 August 1955; it recorded its maximum of 21.50 percent on 19 December 1980.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-11-05 | 7.00000 |
| 2026-11-06 | 7.00000 |
| 2026-11-09 | 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 | 18200 | 1954-07-01 | 2026-11-12 |
Commercial paper
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| 30-Day AA Nonfinancial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 7027 | 1997-01-02 | 2026-11-12 |
| 60-Day AA Nonfinancial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 6239 | 1997-01-02 | 2026-11-12 |
| 90-Day AA Nonfinancial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 5311 | 1997-01-02 | 2026-11-05 |
| 30-Day AA Financial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 6075 | 1997-01-02 | 2026-10-20 |
| 60-Day AA Financial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 5797 | 1997-01-02 | 2026-11-10 |
| 90-Day AA Financial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 6767 | 1997-01-02 | 2026-11-12 |
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 | 18165 | 1955-08-04 | 2026-11-09 |
Treasury bills
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| 4-week Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily | 6323 | 2001-07-31 | 2026-11-12 |
| 3-month Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily | 18207 | 1954-01-04 | 2026-11-12 |
| 6-month Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily | 16967 | 1958-12-09 | 2026-11-12 |
| 1-year Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily | 15131 | 1959-07-15 | 2026-11-12 |