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, May 15, 2020

Odds At 100% (Certain) The United States Prime Rate Will Continue At 3.25% After The June 10, 2020 FOMC Monetary Policy Meeting

United States Prime Rate Forecast
Prime Rate Prediction
Prime Rate Forecast

As of right now, our odds are at 100% (certain) the Federal Open Market Committee (FOMC) will vote to leave the target range for the benchmark fed funds rate at the current 0.00% - 0.25% at the June 10TH, 2020 monetary policy meeting, and keep the United States Prime Rate (a.k.a Fed Prime Rate) at 3.25%.

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The current U.S. Prime Rate was lowered from 4.25% to the current 3.25% on March 15TH, 2020.

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According to the Labor Department, the unemployment rate in the USA jumped from 4.4% in March, to 14.7% in April, with a loss of an estimated 20,500,000 jobs.


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Coronavirus COVID-19 Reminder:

Symptoms of COVID-19, which may appear 2-14 days after exposure, include:
  • Fever
  • Cough
  • Shortness of breath
Emergency warning signs for COVID-19 include:
  • Difficulty breathing or shortness of breath
  • Persistent pain or pressure in the chest
  • New confusion or inability to arouse
  • Bluish lips or face

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


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Current Odds

  • Current odds the United States Prime Rate will continue at the current 3.25% after the June 10TH, 2020 FOMC monetary policy meeting: 100% (certain.)

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