United States Prime Rate

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

Friday, November 10, 2017

Odds At 91.5% (Very Likely) The U.S. Prime Rate Will Rise To 4.50% After The December 13, 2017 FOMC Monetary Policy Meeting

Prime Rate Forecast
Prime Rate Forecast
Prime Rate Forecast

As of right now, odds are at 91.5%  that the Federal Open Market Committee (FOMC) will vote to raise the target range for the benchmark fed funds rate by 25 basis points (0.25 percentage point) to 1.25% - 1.50% at the December 13TH, 2017 monetary policy meeting (very likely.)


The current Prime Rate, which went into effect on June 15, 2017, is 4.25%A 25 basis point rate increase on December 13TH, 2017 would cause the U.S. Prime Rate to rise to 4.50%.


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



Current Odds

  • Current odds the U.S. Prime Rate will rise to 4.50% after the December 13TH, 2017 FOMC monetary policy meeting: 91.5%  (very likely), with 8.5% odds (very unlikely) that the U.S. Prime Rate will rise to 4.75%.



Labels: , , , , , , , , ,


Entire Website © 2021 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.