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, June 28, 2021

Odds At 100% (Certain) The United States Prime Rate Will Continue At 3.25% After The July 28, 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 July 28TH, 2021 monetary policy meeting, and keep the United States Prime Rate (a.k.a Fed Prime Rate) at 3.25%.

======= 
 
Housing

New record high prices for previously owned homes.  During May 2021, the median price for a used home was $350,300, a 23.563% (+$66,800) increase compared to May 2020.
 
Inflation News

The inflation gauge to which the Fed pays close attention -- the Core PCE -- rose by a lofty 3.4% year-on-year, according to May's reading. The Fed promised to let this pandemic economy run hot, which is the right thing to do. Exactly how high they are willing to let inflation fly is anyone's guess.
 
Stock Market

The Standard & Poor's 500 Index finished the day at a brand new record high: 4,290.61.

 =======

 
 =======
 
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 July 28TH, 2021 FOMC monetary policy meeting: 100% (certain.)

    ==========

=========


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

>  SITEMAP  <

0 Comments:

Post a Comment

<< Home





FedPrimeRate.com
Entire Website © 2021 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.