US bank prime loan rate
The rate US banks post as a reference for variable-rate loans.
Weekly, delayed Observed 2026-11-04 · retrieved 2026-11-07 · Source: Board of Governors of the Federal Reserve System (H.15) · Not a live quote.
US bank prime loan rate over time
Weekly observations. Use the period buttons to change the range; the table beneath the chart lists the values.
US bank prime loan rate
%.
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Latest values: US bank prime loan rate 7 (2026-11-04).
What this indicator is and why it is watched
What it measures
The rate US banks post as a reference for variable-rate loans.
Why it is watched
A US counterpart to the Canadian prime rate.
How it connects to the wider economy
Context, not a claim of cause.
Quoted on the US system; not directly comparable with Canadian prime.
Northline describes relationships as documented mechanisms, statistical associations or hypotheses. Nothing on this page states that a movement in this indicator caused a movement in another.
How the data are produced
- Publisher
- Board of Governors of the Federal Reserve System (H.15)
- Dataset
- Federal Reserve statistical release H.15
- Frequency
- Weekly
- Unit
- %
- Observations
- 984 (long history)
- Retrieved
- 2026-11-07
- Series id
gl22_us_prime
Weekly, Federal Reserve H.15.
Source: Board of Governors of the Federal Reserve System, Selected Interest Rates (H.15), Average majority prime rate charged by banks on short-term loans to business, quoted on an investment basis. Values unmodified; Treasury yields are Treasury-published constant-maturity estimates.
Licence conditions: attribution required.
Missing observations are left missing and are never interpolated. Statistical agencies can revise published values; the observation date and retrieval date above identify the version shown. Methodology and sources.
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