United States Prime Rate

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

Wednesday, February 05, 2020

Odds At 90% (Likely) The United States Prime Rate Will Continue At 4.75% After The March 18, 2020 FOMC Monetary Policy Meeting

United States Prime Rate Prediction
Prime Rate Prediction
Prime Rate Forecast

As of right now, our odds are at 90% the Federal Open Market Committee (FOMC) will vote to maintain the target range for the benchmark fed funds rate at the current 1.50% - 1.75% at the March 18TH, 2020 monetary policy meeting (likely), and keep the United States Prime Rate at 4.75%.

=======

The current U.S. Prime Rate was lowered from 5.00% to 4.75% on October 30TH, 2019.

=======

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

=======

  • After five consecutive months of contraction for the American manufacturing sector, the Purchasing Manager's Index (PMI®) from the Institute for Supply Management® (ISM®) came in at 50.9% for January 2020, indicating expansion.
  • Inflation, however, remains muted, and below the Federal Reserve's 2% objective. The latest reading on the Core Personal Consumption Expenditures Price Index was 1.6% year-on-year.
=======


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 hold at 4.75% after the March 18TH, 2020 FOMC monetary policy meeting: 90% (likely.)

    ==========

=========

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

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

>  SITEMAP  <


bing

bing

FedPrimeRate.com
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.