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 ...

And now for the really big picture, via a speech from the Bank of England's Andy Haldane — and flagged in a research note by Citi — here is a look at interest rates since 3000 BC. February 24 COTD ...

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 Federal Reserve continues to keep its benchmark interest rate target pegged to a range of 0.25% to 0.50%. That's low. Interestingly, rates aren't just low within the context of American history.