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 6.75 percent on 8 May 2026, unchanged with respect to the previous day.
Sample. The weekly time series displayed in the graph has 18,035 records. The series covers the time span stretching from August 1955 to May 2026.
History. Here's a peek at a few simple statistics we calculated on the full sample: the interest rate registered a minimum of 3.25 percent on 4 August 1955; it reached a maximum of 21.50 on 19 December 1980; it had an average value of 6.84.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-05-06 | 6.75 |
| 2026-05-07 | 6.75 |
| 2026-05-08 | 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 | 18074 | 1954-07-01 | 2026-05-13 |
Commercial paper
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| 30-Day AA Nonfinancial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 6913 | 1997-01-02 | 2026-05-14 |
| 60-Day AA Nonfinancial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 6143 | 1997-01-02 | 2026-05-14 |
| 90-Day AA Nonfinancial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 5278 | 1997-01-02 | 2026-05-12 |
| 30-Day AA Financial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 6049 | 1997-01-02 | 2026-05-13 |
| 60-Day AA Financial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 5758 | 1997-01-02 | 2026-05-07 |
| 90-Day AA Financial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 6697 | 1997-01-02 | 2026-05-13 |
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 | 18035 | 1955-08-04 | 2026-05-08 |
Treasury bills
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| 4-week Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily | 6199 | 2001-07-31 | 2026-05-14 |
| 3-month Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily | 18083 | 1954-01-04 | 2026-05-14 |
| 6-month Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily | 16843 | 1958-12-09 | 2026-05-14 |
| 1-year Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily | 15007 | 1959-07-15 | 2026-05-14 |