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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 was 6.75 percent on 30 March 2026, the same as on 27 March.

Sample. There are 18,006 data points in the weekly series shown in the plot above. The series covers the span of time stretching from August 1955 to March 2026.

History. Here’s a quick look at a few summary statistics we calculated on the full sample: the interest rate had an average value of 6.84 percent; it recorded a maximum of 21.50 on 19 December 1980; it recorded a bottom of 3.25 on 4 August 1955.

Latest values

Date Value - Percentage points
2026-03-26 6.75
2026-03-27 6.75
2026-03-30 6.75

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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 18042 1954-07-01 2026-03-30

Commercial paper

Series Name Observations Start Date End Date
30-Day AA Nonfinancial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily 6886 1997-01-02 2026-03-30
60-Day AA Nonfinancial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily 6120 1997-01-02 2026-03-30
90-Day AA Nonfinancial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily 5257 1997-01-02 2026-03-26
30-Day AA Financial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily 6036 1997-01-02 2026-03-11
60-Day AA Financial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily 5754 1997-01-02 2026-03-18
90-Day AA Financial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily 6679 1997-01-02 2026-03-24

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 18006 1955-08-04 2026-03-30

Treasury bills

Series Name Observations Start Date End Date
4-week Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily 6166 2001-07-31 2026-03-30
3-month Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily 18050 1954-01-04 2026-03-30
6-month Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily 16810 1958-12-09 2026-03-30
1-year Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily 14974 1959-07-15 2026-03-30