US Bank Prime Loan Rate (I:BPLR)
Level Chart
Basic Info
|
US Bank Prime Loan Rate is at 8.50%, compared to 8.50% the previous market day and 8.00% last year. This is higher than the long term average of 6.83%. |
|
The US Bank Prime Loan Rate measures the rate at which banks lend to their clients. The prime rate is correlated with the federal funds rate and tends to move along with it. The bank prime loan rate reached as high as 20% in 1981, when the federal reserve was led by Paul Volcker, and the interest rate environment was extremely inflated. Another notable time was 2008 when prime rate went as low as 3.25% during the Great Recession. |
| Report | H.15 Selected Interest Rates |
| Category | Interest Rates |
| Region | United States |
| Source | Federal Reserve |
Stats
| Last Value | 8.50% |
| Latest Period | Apr 12 2024 |
| Last Updated | Apr 15 2024, 16:18 EDT |
| Next Release | Apr 16 2024, 16:15 EDT |
| Long Term Average | 6.83% |
| Average Growth Rate | 1.49% |
| Value from The Previous Market Day | 8.50% |
| Change from The Previous Market Day | 0.00% |
| Value from 1 Year Ago | 8.00% |
| Change from 1 Year Ago | 6.25% |
| Frequency | Market Daily |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File | Upgrade |
Historical Data
| Date | Value |
|---|---|
| April 12, 2024 | 8.50% |
| April 11, 2024 | 8.50% |
| April 10, 2024 | 8.50% |
| April 09, 2024 | 8.50% |
| April 08, 2024 | 8.50% |
| April 07, 2024 | 8.50% |
| April 06, 2024 | 8.50% |
| April 05, 2024 | 8.50% |
| April 04, 2024 | 8.50% |
| April 03, 2024 | 8.50% |
| April 02, 2024 | 8.50% |
| April 01, 2024 | 8.50% |
| March 31, 2024 | 8.50% |
| March 30, 2024 | 8.50% |
| March 29, 2024 | 8.50% |
| March 28, 2024 | 8.50% |
| March 27, 2024 | 8.50% |
| March 26, 2024 | 8.50% |
| March 25, 2024 | 8.50% |
| March 24, 2024 | 8.50% |
| March 23, 2024 | 8.50% |
| March 22, 2024 | 8.50% |
| March 21, 2024 | 8.50% |
| March 20, 2024 | 8.50% |
| March 19, 2024 | 8.50% |
| Date | Value |
|---|---|
| March 18, 2024 | 8.50% |
| March 17, 2024 | 8.50% |
| March 16, 2024 | 8.50% |
| March 15, 2024 | 8.50% |
| March 14, 2024 | 8.50% |
| March 13, 2024 | 8.50% |
| March 12, 2024 | 8.50% |
| March 11, 2024 | 8.50% |
| March 10, 2024 | 8.50% |
| March 09, 2024 | 8.50% |
| March 08, 2024 | 8.50% |
| March 07, 2024 | 8.50% |
| March 06, 2024 | 8.50% |
| March 05, 2024 | 8.50% |
| March 04, 2024 | 8.50% |
| March 03, 2024 | 8.50% |
| March 02, 2024 | 8.50% |
| March 01, 2024 | 8.50% |
| February 29, 2024 | 8.50% |
| February 28, 2024 | 8.50% |
| February 27, 2024 | 8.50% |
| February 26, 2024 | 8.50% |
| February 25, 2024 | 8.50% |
| February 24, 2024 | 8.50% |
| February 23, 2024 | 8.50% |
Basic Info
|
US Bank Prime Loan Rate is at 8.50%, compared to 8.50% the previous market day and 8.00% last year. This is higher than the long term average of 6.83%. |
|
The US Bank Prime Loan Rate measures the rate at which banks lend to their clients. The prime rate is correlated with the federal funds rate and tends to move along with it. The bank prime loan rate reached as high as 20% in 1981, when the federal reserve was led by Paul Volcker, and the interest rate environment was extremely inflated. Another notable time was 2008 when prime rate went as low as 3.25% during the Great Recession. |
| Report | H.15 Selected Interest Rates |
| Category | Interest Rates |
| Region | United States |
| Source | Federal Reserve |
Stats
| Last Value | 8.50% |
| Latest Period | Apr 12 2024 |
| Last Updated | Apr 15 2024, 16:18 EDT |
| Next Release | Apr 16 2024, 16:15 EDT |
| Long Term Average | 6.83% |
| Average Growth Rate | 1.49% |
| Value from The Previous Market Day | 8.50% |
| Change from The Previous Market Day | 0.00% |
| Value from 1 Year Ago | 8.00% |
| Change from 1 Year Ago | 6.25% |
| Frequency | Market Daily |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File | Upgrade |