US Bank Prime Loan Rate (I:BPLR)
Basic Info
|
US Bank Prime Loan Rate is at 7.75%, compared to 7.75% the previous market day and 3.50% last year. This is higher than the long term average of 6.81%. |
|
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 | 7.75% |
| Latest Period | Mar 21 2023 |
| Last Updated | Mar 22 2023, 16:19 EDT |
| Next Release | Mar 23 2023, 16:15 EDT |
| Long Term Average | 6.81% |
| Average Growth Rate | 1.42% |
| Value from The Previous Market Day | 7.75% |
| Change from The Previous Market Day | 0.00% |
| Value from 1 Year Ago | 3.50% |
| Change from 1 Year Ago | 121.4% |
| Frequency | Market Daily |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File | Upgrade |
Historical Data
| Date | Value |
|---|---|
| March 21, 2023 | 7.75% |
| March 20, 2023 | 7.75% |
| March 19, 2023 | 7.75% |
| March 18, 2023 | 7.75% |
| March 17, 2023 | 7.75% |
| March 16, 2023 | 7.75% |
| March 15, 2023 | 7.75% |
| March 14, 2023 | 7.75% |
| March 13, 2023 | 7.75% |
| March 12, 2023 | 7.75% |
| March 11, 2023 | 7.75% |
| March 10, 2023 | 7.75% |
| March 09, 2023 | 7.75% |
| March 08, 2023 | 7.75% |
| March 07, 2023 | 7.75% |
| March 06, 2023 | 7.75% |
| March 05, 2023 | 7.75% |
| March 04, 2023 | 7.75% |
| March 03, 2023 | 7.75% |
| March 02, 2023 | 7.75% |
| March 01, 2023 | 7.75% |
| February 28, 2023 | 7.75% |
| February 27, 2023 | 7.75% |
| February 26, 2023 | 7.75% |
| February 25, 2023 | 7.75% |
| Date | Value |
|---|---|
| February 24, 2023 | 7.75% |
| February 23, 2023 | 7.75% |
| February 22, 2023 | 7.75% |
| February 21, 2023 | 7.75% |
| February 20, 2023 | 7.75% |
| February 19, 2023 | 7.75% |
| February 18, 2023 | 7.75% |
| February 17, 2023 | 7.75% |
| February 16, 2023 | 7.75% |
| February 15, 2023 | 7.75% |
| February 14, 2023 | 7.75% |
| February 13, 2023 | 7.75% |
| February 12, 2023 | 7.75% |
| February 11, 2023 | 7.75% |
| February 10, 2023 | 7.75% |
| February 09, 2023 | 7.75% |
| February 08, 2023 | 7.75% |
| February 07, 2023 | 7.75% |
| February 06, 2023 | 7.75% |
| February 05, 2023 | 7.75% |
| February 04, 2023 | 7.75% |
| February 03, 2023 | 7.75% |
| February 02, 2023 | 7.75% |
| February 01, 2023 | 7.50% |
| January 31, 2023 | 7.50% |
Basic Info
|
US Bank Prime Loan Rate is at 7.75%, compared to 7.75% the previous market day and 3.50% last year. This is higher than the long term average of 6.81%. |
|
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 | 7.75% |
| Latest Period | Mar 21 2023 |
| Last Updated | Mar 22 2023, 16:19 EDT |
| Next Release | Mar 23 2023, 16:15 EDT |
| Long Term Average | 6.81% |
| Average Growth Rate | 1.42% |
| Value from The Previous Market Day | 7.75% |
| Change from The Previous Market Day | 0.00% |
| Value from 1 Year Ago | 3.50% |
| Change from 1 Year Ago | 121.4% |
| Frequency | Market Daily |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File | Upgrade |