United States Prime Rate

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

Sunday, August 18, 2019

Odds At 100% (Certain) The United States Prime Rate Will Be Cut To 5.00% After The September 18, 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 lower the target range for the benchmark fed funds rate from 2.00% - 2.25% to 1.75% - 2.00% at the September 18TH, 2019 monetary policy meeting (certain.)


The current U.S. Prime Rate, which went into effect on July 31ST, 2019, is 5.25%.


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


Judging by recent moves by investors, a global recession is in the offing.

On Thursday, August 15, 2019, the yield on the 30-year U.S. Treasury bond closed below 2% for the first time ever, ending the day at 1.98%

Another ominous sign: many economic indicators are often at their strongest, as they are now, before an economic downturn.

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


U.S. Treasury Yield Curve for Thursday, August 15, 2019
U.S. Treasury Yield Curve for Thursday, August 15, 2019


Current Odds

  • Current odds the United States Prime Rate will be cut to 5.00% after the September 18TH, 2019 FOMC monetary policy meeting: 100% (certain.)



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

--> www.FedPrimeRate.com Privacy Policy <--



Post a Comment

<< Home



Entire Website © 2024 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.