United States Lending Rates
Prime Lending Rate: Month Average
1949 - 2024 | Monthly | % pa | Federal Reserve Board
Prime Lending Rate: Month Average data was reported at 7.808 % pa in Nov 2024. This records a decrease from the previous number of 8.000 % pa for Oct 2024. Prime Lending Rate: Month Average data is updated monthly, averaging 5.750 % pa from Jan 1949 (Median) to Nov 2024, with 911 observations. The data reached an all-time high of 20.500 % pa in Aug 1981 and a record low of 2.000 % pa in Aug 1950. Prime Lending Rate: Month Average data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.M006: Lending Rates.
| Last | Frequency | Range |
|---|---|---|
| 7.808 Nov 2024 | monthly | Jan 1949 - Nov 2024 |