It alters when three-quarters of these financial institutions adjust their rates. Historical prime rate trends analysis. Date of rate change: Rate: December 20, 2024: 7.50%: November 8, 2024: ...

The prime rate tracks fairly closely with other short-term interest rates, such as the overnight federal funds rate; this relationship is illustrated in Chart I. As of June 2005, the bank prime rate ...

Investing.com--China kept its key loan prime rate unchanged at historical lows on Monday, as the country struggles to maintain a balance between supporting a fledgling economic recovery and ...