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.
Wall street journal best cd rates.
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The initials stand for the wall street journal which surveys large banks and publishes the consensus prime rate.
Other prime rates aren t directly comparable.
Prime rate is the base rate on corporate loans posted by at least 70 of the 10 largest u s.
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Market data center on the wall street journal.
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Interest rates affect the cost of borrowing so the federal reserve s surprise rate cut tuesday can ripple through the cost of mortgages and the interest earned on savings accounts and more.
Commercial paper rates are discounted offer rates interpolated from sales by.
It should not be confused with the federal funds rate set by the federal reserve though these two rates often move in tandem.