United States Prime Rate

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

Monday, November 08, 2021

Odds At 100% (Certain) The U.S. Prime Rate Will Remain At The Current 3.25% After The December 15, 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 December 15TH, 2021 monetary policy meeting, and keep the United States Prime Rate (a.k.a Fed Prime Rate) at 3.25%.

COVID-19 Update

The latest jobs numbers look very promising.

But this COVID thing is not over yet.

As of right now (November 8, 2021), there are 47,336,577 confirmed COVID-19 cases in the United States, with 775,218 total deaths. 37,332,949 have recovered.

Compared to the numbers we posted in this blog on September 27,2021:

  • Confirmed COVID-19 cases have increased by 3,579,851 (8.18%.)
  • Total deaths have increased by 68,825 (9.74%.)
  • Total recovered has increased by 4,146,680 (12.5%.)
And cases are spiking and setting new records in many other industrialized nations to boot.

Bottom line: Even with readings on inflation causing many to do a double take, the coronavirus pandemic continues to rage, so the Fed is extremely likely to keep short-term rates at rock bottom well into 2022.

Coronavirus Pandemic: Please Keep Your Distance!

Coronavirus Pandemic: Please Keep Your Distance!

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


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



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 continue at the current 3.25% after the December 15TH, 2021 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.