prime rate

Example Sentences

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A lot of loans are tied to the prime rate and other benchmarks driven by the Fed’s short-term targets.

From The Wall Street Journal • Mar. 20, 2026

Possibly the most telling statistic tracks the difference between borrowing benchmarks, such as the prime rate, and what you pay on your credit card.

From Los Angeles Times • Jan. 26, 2026

China announced on Friday it was keeping its benchmark lending rates unchanged, with the one-year loan prime rate unchanged at 3.45% and the five-year LPR at 4.20%, in line with market expectations.

From Seattle Times • Oct. 20, 2023

Economists had also expected the bank to lower its five-year loan prime rate, which the country's mortgages are pegged to.

From BBC • Aug. 20, 2023

The prime rate has been cut almost in half, and we must work together to bring it down even more.

From State of the Union Address by Reagan, Ronald