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United States Average Monthly Prime Lending Rate

Bank Lending Rate in the United States remained unchanged at 3.25 percent in November from 3.25 percent in October of 2020. Bank Lending Rate in the United States averaged 6.57 percent from 1950 until 2020, reaching an all time high of 20.50 percent in August of 1981 and a record low of 2 percent in February of 1950. In the United States, the prime lending rate is the average rate of interest charged on short term loans by commercial banks to companies. This page provides - United States Average Monthly Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

SOURCE: United States
https://tradingeconomics.com/united-states/bank-lending-rate

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