prime interest rate

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Banks are likely to raise the benchmark prime interest rate for the first time since 2006 this week following another expected rate rise by the U.S.

From Reuters

When the Federal Reserve raised short-term interest rates in December, it affected the prime interest rate that banks use to set rates on credit cards and other loans.

From Washington Post

Putin didn't mention the 3.2 percent economic contraction this year forecast by Russia's central bank, or the 11.5 percent prime interest rate to prop up the rouble.

From Reuters

The Fed continues to hold the prime interest rate near zero.

From Salon

Most consumer loans are tied to Treasury bills or the prime interest rate, which is what domestic banks charge each other to borrow money.

From Washington Post