US Bank Prime Loan Rate (I:BPLR)
Level Chart
Basic Info
|
US Bank Prime Loan Rate is at 7.50%, compared to 7.50% the previous market day and 8.50% last year. This is higher than the long term average of 6.85%. |
|
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 | 7.50% |
| Latest Period | May 16 2025 |
| Last Updated | May 19 2025, 16:16 EDT |
| Next Release | May 20 2025, 16:15 EDT |
| Long Term Average | 6.85% |
| Average Growth Rate | 1.35% |
| Value from The Previous Market Day | 7.50% |
| Change from The Previous Market Day | 0.00% |
| Value from 1 Year Ago | 8.50% |
| Change from 1 Year Ago | -11.76% |
| Frequency | Market Daily |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File | Upgrade |
Historical Data
| Date | Value |
|---|---|
| May 16, 2025 | 7.50% |
| May 15, 2025 | 7.50% |
| May 14, 2025 | 7.50% |
| May 13, 2025 | 7.50% |
| May 12, 2025 | 7.50% |
| May 11, 2025 | 7.50% |
| May 10, 2025 | 7.50% |
| May 09, 2025 | 7.50% |
| May 08, 2025 | 7.50% |
| May 07, 2025 | 7.50% |
| May 06, 2025 | 7.50% |
| May 05, 2025 | 7.50% |
| May 04, 2025 | 7.50% |
| May 03, 2025 | 7.50% |
| May 02, 2025 | 7.50% |
| May 01, 2025 | 7.50% |
| April 30, 2025 | 7.50% |
| April 29, 2025 | 7.50% |
| April 28, 2025 | 7.50% |
| April 27, 2025 | 7.50% |
| April 26, 2025 | 7.50% |
| April 25, 2025 | 7.50% |
| April 24, 2025 | 7.50% |
| April 23, 2025 | 7.50% |
| April 22, 2025 | 7.50% |
| Date | Value |
|---|---|
| April 21, 2025 | 7.50% |
| April 20, 2025 | 7.50% |
| April 19, 2025 | 7.50% |
| April 18, 2025 | 7.50% |
| April 17, 2025 | 7.50% |
| April 16, 2025 | 7.50% |
| April 15, 2025 | 7.50% |
| April 14, 2025 | 7.50% |
| April 13, 2025 | 7.50% |
| April 12, 2025 | 7.50% |
| April 11, 2025 | 7.50% |
| April 10, 2025 | 7.50% |
| April 09, 2025 | 7.50% |
| April 08, 2025 | 7.50% |
| April 07, 2025 | 7.50% |
| April 06, 2025 | 7.50% |
| April 05, 2025 | 7.50% |
| April 04, 2025 | 7.50% |
| April 03, 2025 | 7.50% |
| April 02, 2025 | 7.50% |
| April 01, 2025 | 7.50% |
| March 31, 2025 | 7.50% |
| March 30, 2025 | 7.50% |
| March 29, 2025 | 7.50% |
| March 28, 2025 | 7.50% |
News
Basic Info
|
US Bank Prime Loan Rate is at 7.50%, compared to 7.50% the previous market day and 8.50% last year. This is higher than the long term average of 6.85%. |
|
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 | 7.50% |
| Latest Period | May 16 2025 |
| Last Updated | May 19 2025, 16:16 EDT |
| Next Release | May 20 2025, 16:15 EDT |
| Long Term Average | 6.85% |
| Average Growth Rate | 1.35% |
| Value from The Previous Market Day | 7.50% |
| Change from The Previous Market Day | 0.00% |
| Value from 1 Year Ago | 8.50% |
| Change from 1 Year Ago | -11.76% |
| Frequency | Market Daily |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File | Upgrade |