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, December 23, 2020

Odds At 100% (Certain) The United States Prime Rate Will Continue At 3.25% After The January 27, 2021 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 January 27TH, 2021 monetary policy meeting, and keep the United States Prime Rate (a.k.a Fed Prime Rate) at 3.25%.

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The median price for a previously owned home was $310,800 during November 2020, while inventory dropped to 1,280,000.

During November 2019, the median price was $271,300, and inventory was 1,640,000.

The coronavirus pandemic has the United States on the move, as evidenced by sales numbers, and prices. The seasonally adjusted annualized sales count was 6,690,000 last month, while the November 2019 figure was 5,320,000.

 
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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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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 remain at the current 3.25% after the January 27TH, 2021 FOMC monetary policy meeting: 100% (certain.)

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