United States Average Monthly Prime Lending Rate
Bank Lending Rate in the United States remained unchanged at 3.25 percent in June of 2014 from 3.25 percent in May of 2014. Bank Lending Rate in the United States averaged 6.81 Percent from 1950 until 2014, reaching an all time high of 20.50 Percent in August of 1981 and a record low of 2 Percent in February of 1950. Bank Lending Rate in the United States is reported by the Federal Reserve.
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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.