Prime Rate

also known as the Fed, National or United States Prime Rate,
from the interest-rate specialists at www.FedPrimeRate.comSM

Thursday, May 16, 2019

Odds At 100% (Certain) The United States Prime Rate Will Hold At 5.50% After The June 19, 2019 FOMC Monetary Policy Meeting

United States Prime Rate Forecast
Prime Rate Forecast
Prime Rate Forecast

As of right now, our odds are at 100% the Federal Open Market Committee (FOMC) will vote to keep the target range for the benchmark fed funds rate at 2.25% to 2.50% at the  June 19TH, 2019 monetary policy meeting (certain.)

=======

The current U.S. Prime Rate, which went into effect on December 20TH, 2018, is 5.50%.

=======

NB: U.S. Prime Rate = (The Fed Funds Target Rate + 3)

=======

Stay tuned for the latest odds, and for current U.S. economic data (inflation, jobs, economic growth, wages, etc.) 


======= 

Current Odds

  • Current odds the United States Prime Rate will continue at 5.50% after the June 19TH, 2019 FOMC monetary policy meeting: 100% (certain.)

    ==========

=========


Labels: , , , , , , , , ,

>  SITEMAP  <

Wednesday, May 01, 2019

Third FOMC Meeting of 2019 Adjourned: United States Prime Rate Continues At 5.50%

United States Prime Rate holds at 5.50%
U.S. Prime Rate
The Federal Open Market Committee (FOMC) of the Federal Reserve System has just adjourned its third monetary policy meeting of 2019 and, in accordance with our latest forecast, has voted to leave the benchmark target range for the federal funds rate at 2.25% - 2.50%. Therefore, the United States Prime Rate (a.k.a the Fed Prime Rate) will continue at the current 5.50%.

NB: U.S. Prime Rate = (The Fed Funds Target Rate + 3)

Here's a clip from today's FOMC press release (note text in bold):

"...Information received since the Federal Open Market Committee met in March indicates that the labor market remains strong and that economic activity rose at a solid rate. Job gains have been solid, on average, in recent months, and the unemployment rate has remained low. Growth of household spending and business fixed investment slowed in the first quarter. On a 12-month basis, overall inflation and inflation for items other than food and energy have declined and are running below 2 percent. On balance, market-based measures of inflation compensation have remained low in recent months, and survey-based measures of longer-term inflation expectations are little changed.

Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent. The Committee continues to view sustained expansion of economic activity, strong labor market conditions, and inflation near the Committee's symmetric 2 percent objective as the most likely outcomes. In light of global economic and financial developments and muted inflation pressures, the Committee will be patient as it determines what future adjustments to the target range for the federal funds rate may be appropriate to support these outcomes.

In determining the timing and size of future adjustments to the target range for the federal funds rate, the Committee will assess realized and expected economic conditions relative to its maximum employment objective and its symmetric 2 percent inflation objective. This assessment will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial and international developments.

Voting for the FOMC monetary policy action were: Jerome H. Powell, Chair; John C. Williams, Vice Chair; Michelle W. Bowman; Lael Brainard; James Bullard; Richard H. Clarida; Charles L. Evans; Esther L. George; Randal K. Quarles; and Eric S. Rosengren..."

==========


Labels: , , , , , , , , , , , , , , ,

>  SITEMAP  <

Thursday, March 21, 2019

Odds At 100% (Certain) The United States Prime Rate Will Hold At 5.50% After The May 1, 2019 FOMC Monetary Policy Meeting

United States Prime Rate Forecast
Prime Rate Forecast
Prime Rate Forecast

As of right now, our odds are at 100% the Federal Open Market Committee (FOMC) will vote to keep the target range for the benchmark fed funds rate at 2.25% to 2.50% at the May 1ST, 2019 monetary policy meeting (certain.)

=======

The current U.S. Prime Rate, which went into effect on December 20TH, 2018, is 5.50%.

=======

NB: U.S. Prime Rate = (The Fed Funds Target Rate + 3)

=======

Stay tuned for the latest odds, and for current U.S. economic data (inflation, jobs, economic growth, wages, etc.) 


======= 

Current Odds

  • Current odds the United States Prime Rate will continue at 5.50% after the May 1ST, 2019 FOMC monetary policy meeting: 100% (certain.)

    ==========

=========


Labels: , , , , , , , , ,

>  SITEMAP  <

Wednesday, March 20, 2019

Second FOMC Meeting of 2019 Adjourned: United States Prime Rate Continues At 5.50%

United States Prime Rate holds at 5.50%
U.S. Prime Rate
The Federal Open Market Committee (FOMC) of the Federal Reserve System has just adjourned its second monetary policy meeting of 2019 and, in accordance with our latest forecast, has voted to leave the benchmark target range for the federal funds rate at 2.25% - 2.50%. Therefore, the United States Prime Rate (a.k.a the Fed Prime Rate) will continue at the current 5.50%.

NB: U.S. Prime Rate = (The Fed Funds Target Rate + 3)

Here's a clip from today's FOMC press release (note text in bold):

"...Information received since the Federal Open Market Committee met in January indicates that the labor market remains strong but that growth of economic activity has slowed from its solid rate in the fourth quarter. Payroll employment was little changed in February, but job gains have been solid, on average, in recent months, and the unemployment rate has remained low. Recent indicators point to slower growth of household spending and business fixed investment in the first quarter. On a 12-month basis, overall inflation has declined, largely as a result of lower energy prices; inflation for items other than food and energy remains near 2 percent. On balance, market-based measures of inflation compensation have remained low in recent months, and survey-based measures of longer-term inflation expectations are little changed.

Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent. The Committee continues to view sustained expansion of economic activity, strong labor market conditions, and inflation near the Committee's symmetric 2 percent objective as the most likely outcomes. In light of global economic and financial developments and muted inflation pressures, the Committee will be patient as it determines what future adjustments to the target range for the federal funds rate may be appropriate to support these outcomes.

In determining the timing and size of future adjustments to the target range for the federal funds rate, the Committee will assess realized and expected economic conditions relative to its maximum employment objective and its symmetric 2 percent inflation objective. This assessment will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial and international developments.

Voting for the FOMC monetary policy action were: Jerome H. Powell, Chairman; John C. Williams, Vice Chairman; Michelle W. Bowman; Lael Brainard; James Bullard; Richard H. Clarida; Charles L. Evans; Esther L. George; Randal K. Quarles; and Eric S. Rosengren..."

==========


Labels: , , , , , , , , , , , , , , ,

>  SITEMAP  <

Thursday, January 31, 2019

Odds At 100% (Certain) The United States Prime Rate Will Hold At 5.50% After The March 20, 2019 FOMC Monetary Policy Meeting

United States Prime Rate Forecast
Prime Rate Forecast
Prime Rate Forecast

As of right now, our odds are at 100% the Federal Open Market Committee (FOMC) will vote to keep the target range for the benchmark fed funds rate at 2.25% to 2.50% at the March 20TH, 2019 monetary policy meeting (certain.)

=======

The current U.S. Prime Rate, which went into effect on December 20TH, 2018, is 5.50%.

=======

NB: U.S. Prime Rate = (The Fed Funds Target Rate + 3)

=======

Stay tuned for the latest odds, and for current U.S. economic data (inflation, jobs, economic growth, wages, etc.) 


======= 

Current Odds

  • Current odds the United States Prime Rate will continue at 5.50% after the March 20TH, 2019 FOMC monetary policy meeting: 100% (certain.)

    ==========

=========

Labels: , , , , , , , , ,

>  SITEMAP  <

Wednesday, January 30, 2019

First FOMC Meeting of 2019 Adjourned: United States Prime Rate Continues At 5.50%

United States Prime Rate holds at 5.50%
U.S. Prime Rate
The Federal Open Market Committee (FOMC) of the Federal Reserve System has just adjourned its first monetary policy meeting of 2019 and, in accordance with our latest forecast, has voted to leave the benchmark target range for the federal funds rate at 2.25% - 2.50%. Therefore, the United States Prime Rate (a.k.a the Fed Prime Rate) will continue at the current 5.50%.

NB: U.S. Prime Rate = (The Fed Funds Target Rate + 3)

Here's a clip from today's FOMC press release (note text in bold):

"...Information received since the Federal Open Market Committee met in December indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate. Job gains have been strong, on average, in recent months, and the unemployment rate has remained low. Household spending has continued to grow strongly, while growth of business fixed investment has moderated from its rapid pace earlier last year. On a 12-month basis, both overall inflation and inflation for items other than food and energy remain near 2 percent. Although market-based measures of inflation compensation have moved lower in recent months, survey-based measures of longer-term inflation expectations are little changed.

Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent. The Committee continues to view sustained expansion of economic activity, strong labor market conditions, and inflation near the Committee's symmetric 2 percent objective as the most likely outcomes. In light of global economic and financial developments and muted inflation pressures, the Committee will be patient as it determines what future adjustments to the target range for the federal funds rate may be appropriate to support these outcomes.


In determining the timing and size of future adjustments to the target range for the federal funds rate, the Committee will assess realized and expected economic conditions relative to its maximum employment objective and its symmetric 2 percent inflation objective. This assessment will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial and international developments.

Voting for the FOMC monetary policy action were: Jerome H. Powell, Chairman; John C. Williams, Vice Chairman; Michelle W. Bowman; Lael Brainard; James Bullard; Richard H. Clarida; Charles L. Evans; Esther L. George; Randal K. Quarles; and Eric S. Rosengren..."

==========


Labels: , , , , , , , ,

>  SITEMAP  <

Thursday, December 20, 2018

Odds At 100% (Certain) The United States Prime Rate Will Remain At 5.50% After The January 30, 2019 FOMC Monetary Policy Meeting

United States Prime Rate Forecast
Prime Rate Forecast
Prime Rate Forecast

As of right now, our odds are at 100% the Federal Open Market Committee (FOMC) will vote to keep the target range for the benchmark fed funds rate at 2.25% to 2.50% at the January 30TH, 2019 monetary policy meeting (certain.)

=======

The current U.S. Prime Rate, which went into effect on December 20TH, 2018, is 5.50%.

=======

NB: U.S. Prime Rate = (The Fed Funds Target Rate + 3)

=======

Stay tuned for the latest odds, and for current U.S. economic data (inflation, jobs, economic growth, wages, etc.) 


======= 

Current Odds

  • Current odds the United States Prime Rate will continue at 5.50% after the January 30TH, 2019 FOMC monetary policy meeting: 100% (certain.)

    ==========

=========


Labels: , , , , , , , , ,

>  SITEMAP  <

Wednesday, December 19, 2018

United States Prime Rate Rises to 5.50%

United States Prime Rate Is Now 5.50%
The Federal Open Market Committee (FOMC) of the Federal Reserve has just adjourned its eighth and final monetary policy meeting of 2018, and, in accordance with our forecast, has voted to raise the benchmark target range for the federal funds rate from 2.00% - 2.25% to 2.25% - 2.50%.  Therefore, the United States Prime Rate (a.k.a the Fed Prime Rate) is now 5.50%, effective tomorrow (December 20, 2018.)

============
Here's a clip from today's FOMC press release (note text in bold):

"...Information received since the Federal Open Market Committee met in November indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job gains have been strong, on average, in recent months, and the unemployment rate has remained low. Household spending has continued to grow strongly, while growth of business fixed investment has moderated from its rapid pace earlier in the year. On a 12-month basis, both overall inflation and inflation for items other than food and energy remain near 2 percent. Indicators of longer-term inflation expectations are little changed, on balance.

Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee judges that some further gradual increases in the target range for the federal funds rate will be consistent with sustained expansion of economic activity, strong labor market conditions, and inflation near the Committee's symmetric 2 percent objective over the medium term. The Committee judges that risks to the economic outlook are roughly balanced, but will continue to monitor global economic and financial developments and assess their implications for the economic outlook.

In view of realized and expected labor market conditions and inflation, the Committee decided to raise the target range for the federal funds rate to 2-1/4 to 2‑1/2 percent.

In determining the timing and size of future adjustments to the target range for the federal funds rate, the Committee will assess realized and expected economic conditions relative to its maximum employment objective and its symmetric 2 percent inflation objective. This assessment will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial and international developments.

Voting for the FOMC monetary policy action were: Jerome H. Powell, Chairman; John C. Williams, Vice Chairman; Thomas I. Barkin; Raphael W. Bostic; Michelle W. Bowman; Lael Brainard; Richard H. Clarida; Mary C. Daly; Loretta J. Mester; and Randal K. Quarles..."
==========

==========



==========


 

Labels: , , , , , , , , , ,

>  SITEMAP  <

Saturday, November 10, 2018

Odds At 100% (Certain) The United States Prime Rate Will Rise To 5.50% After The December 19, 2018 FOMC Monetary Policy Meeting

United States Prime Rate Forecast
Prime Rate Forecast
Prime Rate Forecast

As of right now, our odds are at 100% the Federal Open Market Committee (FOMC) will vote to raise the target range for the benchmark fed funds rate , from 2.25% to  2.5% at the December 19TH, 2018 monetary policy meeting (certain.)

=======

The current U.S. Prime Rate, which went into effect on September 27TH, 2018, is 5.25%.

=======

NB: U.S. Prime Rate = (The Fed Funds Target Rate + 3)

=======

Stay tuned for the latest odds and economic data, and especially for news on inflation, jobs, economic growth and wages...


======= 

Current Odds

  • Current odds the United States Prime Rate will rise to 5.50% after the December 19TH, 2018 FOMC monetary policy meeting: 100% (certain.)

    ==========

=========

Labels: , , , , , , , , ,

>  SITEMAP  <

Thursday, November 08, 2018

Seventh FOMC Meeting of 2018 Adjourned: United States Prime Rate Continues At 5.25%

United States Prime Rate holds at 5.25%
U.S. Prime Rate
The Federal Open Market Committee (FOMC) of the Federal Reserve System has just adjourned its seventh monetary policy meeting of 2018 and, in accordance with our latest forecast, has voted to leave the benchmark target range for the federal funds rate at 2.00% - 2.25%. Therefore, the United States Prime Rate (a.k.a the Fed Prime Rate) will continue at the current 5.25%.

NB: U.S. Prime Rate = (The Fed Funds Target Rate + 3)

Here's a clip from today's FOMC press release (note text in bold):

"...Information received since the Federal Open Market Committee met in September indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job gains have been strong, on average, in recent months, and the unemployment rate has declined. Household spending has continued to grow strongly, while growth of business fixed investment has moderated from its rapid pace earlier in the year. On a 12-month basis, both overall inflation and inflation for items other than food and energy remain near 2 percent. Indicators of longer-term inflation expectations are little changed, on balance.

Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee expects that further gradual increases in the target range for the federal funds rate will be consistent with sustained expansion of economic activity, strong labor market conditions, and inflation near the Committee's symmetric 2 percent objective over the medium term. Risks to the economic outlook appear roughly balanced.

In view of realized and expected labor market conditions and inflation, the Committee decided to maintain the target range for the federal funds rate at 2 to 2-1/4 percent.

In determining the timing and size of future adjustments to the target range for the federal funds rate, the Committee will assess realized and expected economic conditions relative to its maximum employment objective and its symmetric 2 percent inflation objective. This assessment will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial and international developments.

Voting for the FOMC monetary policy action were: Jerome H. Powell, Chairman; John C. Williams, Vice Chairman; Thomas I. Barkin; Raphael W. Bostic; Lael Brainard; Richard H. Clarida; Mary C. Daly; Loretta J. Mester; and Randal K. Quarles..."

==========

Labels: , , , , , , , , , ,

>  SITEMAP  <





FedPrimeRate.com
Entire Website © 2019 FedPrimeRate.comSM


This website is neither affiliated nor associated with The United States Federal Reserve in any way.
Information in this website is provided for educational purposes only. The owners of this website
make no warranties with respect to any and all content contained within this website. Consult a
financial professional before making important decisions related to any investment or loan
product, including, but not limited to, business loans, personal loans, education loans, first
or second mortgages, credit cards, car loans or any type of insurance.