prime rate

Example Sentences

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DBS’s economics team expects the 1-year loan prime rate to remain at 3.00%, as policymakers gauge January-February data to assess the impact of previous easing measures.

From The Wall Street Journal • Mar. 13, 2026

It has steadily increased since 2022, mostly because of an increase in the prime rate, the benchmark for card issuers.

From Los Angeles Times • Jan. 14, 2026

China’s commercial banks kept their loan prime rate unchanged Monday amid downward pressure on the yuan, disappointing investors who anticipated measures to stimulate the economy.

From Seattle Times • Jan. 21, 2024

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 inflationary expectations that led to a 21 1/2-percent interest prime rate and soaring mortgage rates 2 years ago are now reduced by almost half.

From State of the Union Address by Reagan, Ronald