It should not be confused with the federal funds rate set by the federal reserve though these two rates often move in tandem.
Current index rate wall street journal.
It is not the best rate offered by banks.
There are different indices that report on the prime rate and one of most commonly referred is the prime rate index is the wall street journal s prime rate wsj prime rate.
Capital markets and can be found in the wall street journal.
View the full dow jones industrial average djia index overview including the latest stock market news data and trading information.
Dow jones a news corp company news corp is a network of leading companies in the worlds of diversified media news education and information services.
It is a standard financial index used in u s.
The journal surveys the 30 largest banks and when three quarters.
The wall street journal defines wsj prime rate as u s.
Index july 20 aug.
Prime rate defined by the wall street journal wsj as the base rate on corporate loans posted by at least 70 of the 10 largest u s.
The wall street journal prime rate wsj prime rate is a measure of the u s.
Prime rate is the base rate on corporate loans posted by at least 70 of the 10 largest u s.
Market data center on the wall street journal.
The prime rate as reported by the wall street journal s bank survey is among the most widely used benchmark in setting home equity lines of credit and credit card rates.