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, July 26, 2023

Odds Now At 100% (Certain) The U.S. Prime Rate Will Rise to 8.50% After This Afternoon's 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 raise the benchmark target range for the fed funds rate to  5.25% - 5.50% at today's monetary policy meeting, with the United States Prime Rate (a.k.a Fed Prime Rate) rising to 8.50%.


Many economists keep warning that a recession may be in the offing, but working  America and consumer America are in defiance.

Employment remains very strong, while the latest Consumer Confidence reading (for this month) proves that Americans are still spending like...Americans.

Interesting note: Since the beginning of this year, government has been hiring more than any other sector. :o(

Stay tuned...

The United States Prime Rate was raised to the current 8.25% on May 3, 2023.


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


Current Odds
  • Current odds the U.S. Prime Rate will rise to 8.50% after today's FOMC monetary policy meeting: 100% (certain.)

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