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Current
Prime Rate
SITEMAP
|
Date of Rate Change |
Rate (%) |
December
1, 1947 |
1.75 |
August
1, 1948 |
2 |
September
22, 1950 |
2.25 |
January
8, 1951 |
2.5 |
October
17, 1951 |
2.75 |
December
19, 1951 |
3 |
April
27, 1953 |
3.25 |
March
17, 1954 |
3 |
August
4, 1955 |
3.25 |
October
14, 1955 |
3.5 |
April
13, 1956 |
3.75 |
August
21, 1956 |
4 |
August
6, 1957 |
4.5 |
January
22, 1958 |
4 |
April
21, 1958 |
3.5 |
September
11, 1958 |
4 |
May
18, 1959 |
4.5 |
September
1, 1959 |
5 |
August
23, 1960 |
4.5 |
December
6, 1965 |
5 |
March
10, 1966 |
5.5 |
June
29, 1966 |
5.75 |
August
16, 1966 |
6 |
January
26, 1967 |
5.75 |
March
27, 1967 |
5.5 |
November
20, 1967 |
6 |
April
19, 1968 |
6.5 |
September
25, 1968 |
6.25 |
December
2, 1968 |
6.5 |
December
18, 1968 |
6.75 |
January
7, 1969 |
7 |
March
17, 1969 |
7.5 |
June
9, 1969 |
8.5 |
March
25, 1970 |
8 |
September
21, 1970 |
7.5 |
November
12, 1970 |
7.25 |
November
23, 1970 |
7 |
December
22, 1970 |
6.75 |
January
6, 1971 |
6.5 |
January
15, 1971 |
6.25 |
January
18, 1971 |
6 |
February
16, 1971 |
5.75 |
March
11, 1971 |
5.5 |
March
19, 1971 |
5.25 |
April
23, 1971 |
5.5 |
July
7, 1971 |
6 |
October
20, 1971 |
5.75 |
November
8, 1971 |
5.5 |
December
17, 1971 |
5.25 |
January
3, 1972 |
5 |
January
18, 1972 |
4.75 |
February
16, 1972 |
4.5 |
March
20, 1972 |
4.75 |
March
31, 1972 |
5 |
June
27, 1972 |
5.25 |
August
29, 1972 |
5.5 |
October
3, 1972 |
5.75 |
December
27, 1972 |
6 |
February
27, 1973 |
6.25 |
March
26, 1973 |
6.5 |
April
19, 1973 |
6.75 |
May
7, 1973 |
7 |
May
25, 1973 |
7.25 |
June
7, 1973 |
7.5 |
June
22, 1973 |
7.75 |
July
2, 1973 |
8 |
July
9, 1973 |
8.25 |
July
18, 1973 |
8.5 |
July
30, 1973 |
8.75 |
August
6, 1973 |
9 |
August
13, 1973 |
9.25 |
August
21, 1973 |
9.5 |
August
28, 1973 |
9.75 |
September
18, 1973 |
10 |
October
23, 1973 |
9.75 |
October
29, 1973 |
9.5 |
December
3, 1973 |
9.75 |
January
29, 1974 |
9.5 |
February
11, 1974 |
9.25 |
February
19, 1974 |
9 |
February
25, 1974 |
8.75 |
March
22, 1974 |
9 |
April
1, 1974 |
9.25 |
April
4, 1974 |
9.5 |
April
8, 1974 |
9.75 |
April
11, 1974 |
10 |
April
22, 1974 |
10.25 |
April
25, 1974 |
10.5 |
May
2, 1974 |
10.75 |
May
7, 1974 |
11 |
May
10, 1974 |
11.25 |
May
17, 1974 |
11.5 |
June
27, 1974 |
11.75 |
July
8, 1974 |
12 |
October
8, 1974 |
11.75 |
October
22, 1974 |
11.25 |
November
6, 1974 |
11 |
November
13, 1974 |
10.75 |
November
25, 1974 |
10.25 |
January
9, 1975 |
10.25 |
January
15, 1975 |
10.00 |
January
20, 1975 |
9.75 |
January
28, 1975 |
9.50 |
February
3, 1975 |
9.25 |
February
10, 1975 |
9.00 |
February
18, 1975 |
8.75 |
February
24, 1975 |
8.50 |
March
5, 1975 |
8.25 |
March
10, 1975 |
8.00 |
March
18, 1975 |
7.75 |
March
24, 1975 |
7.50 |
May
20, 1975 |
7.25 |
June
9, 1975 |
7.00 |
July
20, 1975 |
7.25 |
July
29, 1975 |
7.50 |
August
11, 1975 |
7.75 |
September
12, 1975 |
8.00 |
October
28, 1975 |
7.75 |
November
7, 1975 |
7.50 |
December
2, 1975 |
7.25 |
January
12, 1976 |
7.00 |
January
21, 1976 |
6.75 |
June
1, 1976 |
7.00 |
June
10, 1976 |
7.25 |
August
3, 1976 |
7.00 |
September
24, 1976 |
6.75 |
November
1, 1976 |
6.50 |
November
24, 1976 |
6.25 |
May
13, 1977 |
6.50 |
May
31, 1977 |
6.75 |
August
22, 1977 |
7.00 |
September
16, 1977 |
7.25 |
October
7, 1977 |
7.50 |
October
24, 1977 |
7.75 |
January
10, 1978 |
8.00 |
May
5, 1978 |
8.25 |
May
26, 1978 |
8.50 |
June
16, 1978 |
8.75 |
July
30, 1978 |
9.00 |
August
31, 1978 |
9.25 |
September
15, 1978 |
9.50 |
September
28, 1978 |
9.75 |
October
13, 1978 |
10.00 |
October
27, 1978 |
10.25 |
November
1, 1978 |
10.50 |
November
6, 1978 |
10.75 |
November
17, 1978 |
11.00 |
November
24, 1978 |
11.50 |
December
26, 1978 |
11.75 |
June
19, 1979 |
11.50 |
July
27, 1979 |
11.75 |
August
16, 1979 |
12.00 |
August
28, 1979 |
12.25 |
September
7, 1979 |
12.75 |
September
14, 1979 |
13.00 |
September
21, 1979 |
13.25 |
September
28, 1979 |
13.50 |
October
9, 1979 |
14.00 |
October
23, 1979 |
15.00 |
November
1, 1979 |
15.25 |
November
9, 1979 |
15.50 |
November
16, 1979 |
14.75 |
November
30, 1979 |
15.50 |
December
7, 1979 |
15.25 |
February
19, 1980 |
15.75 |
February
22, 1980 |
16.50 |
February
29, 1980 |
16.75 |
March
4, 1980 |
17.25 |
March
7, 1980 |
17.75 |
March
14, 1980 |
18.50 |
March
19, 1980 |
19.00 |
March
28, 1980 |
19.50 |
April
2, 1980 |
20.00 |
April
18, 1980 |
19.50 |
May
1, 1980 |
18.50 |
May
7, 1980 |
17.50 |
May
16, 1980 |
16.50 |
May
23, 1980 |
14.50 |
May
30, 1980 |
14.00 |
June
6, 1980 |
13.00 |
June
13, 1980 |
12.50 |
June
17, 1980 |
12.00 |
July
7, 1980 |
11.50 |
July
25, 1980 |
11.00 |
August
22, 1980 |
11.25 |
August
27, 1980 |
11.50 |
September
8, 1980 |
12.00 |
September
12, 1980 |
12.25 |
September
19, 1980 |
12.50 |
September
26, 1980 |
13.00 |
October
1, 1980 |
13.50 |
October
17, 1980 |
14.00 |
October
29, 1980 |
14.50 |
November
6, 1980 |
15.50 |
November
17, 1980 |
16.25 |
November
21, 1980 |
17.00 |
November
26, 1980 |
17.75 |
December
2, 1980 |
18.50 |
December
5, 1980 |
19.00 |
December
10, 1980 |
20.00 |
December
16, 1980 |
21.00 |
December
19, 1980 |
21.50
(U.S.
Prime Rate record high)
(BACK
TO TOP | CURRENT
RATE)
|
January
2, 1981 |
20.50 |
January
9, 1981 |
20.00 |
February
3, 1981 |
19.50 |
February
23, 1981 |
19.00 |
March
10, 1981 |
18.00 |
March
17, 1981 |
17.50 |
April
2, 1981 |
17.00 |
April
24, 1981 |
17.50 |
April
30, 1981 |
18.00 |
May
4, 1981 |
19.00 |
May
11, 1981 |
19.50 |
May
19, 1981 |
20.00 |
May
22, 1981 |
20.50 |
June
3, 1981 |
20.00 |
July
8, 1981 |
20.50 |
September
15, 1981 |
19.50 |
October
5, 1981 |
19.00 |
October
13, 1981 |
18.00 |
November
3, 1981 |
17.50 |
November
9, 1981 |
17.00 |
November
16, 1981 |
16.50 |
November
24, 1981 |
16.00 |
December
3, 1981 |
15.75 |
February
8, 1982 |
16.50 |
February
18, 1982 |
17.00 |
February
23, 1982 |
16.50 |
July
20, 1982 |
16.00 |
July
29, 1982 |
15.50 |
August
2, 1982 |
15.00 |
August
16, 1982 |
14.50 |
August
18, 1982 |
14.00 |
September
3, 1982 |
13.50 |
October
7, 1982 |
13.00 |
October
13, 1982 |
12.00 |
November
22, 1982 |
11.50 |
January
11, 1983 |
11.00 |
February
21, 1983 |
10.50 |
August
8, 1983 |
11.00 |
March
19, 1984 |
11.50 |
April
5, 1984 |
12.00 |
May
8, 1984 |
12.50 |
June
26, 1984 |
13.00 |
September
27, 1984 |
12.75 |
October
16, 1984 |
12.50 |
October
24, 1984 |
12.00 |
November
8, 1984 |
11.75 |
November
28, 1984 |
11.25 |
December
19, 1984 |
10.75 |
January
15, 1985 |
10.50 |
May
20, 1985 |
10.00 |
June
18, 1985 |
9.50 |
March
7, 1986 |
9.00 |
April
21, 1986 |
8.50 |
July
11, 1986 |
8.00 |
August
26, 1986 |
7.50 |
April
1, 1987 |
7.75 |
May
1, 1987 |
8.00 |
May
15, 1987 |
8.25 |
September
4, 1987 |
8.75 |
October
7, 1987 |
9.25 |
October
22, 1987 |
9.00 |
November
5, 1987 |
8.75 |
February
2, 1988 |
8.50 |
May
11, 1988 |
9.00 |
July
14, 1988 |
9.50 |
August
11, 1988 |
10.00 |
November
28, 1988 |
10.50 |
February
10, 1989 |
11.00 |
February
24, 1989 |
11.50 |
June
5, 1989 |
11.00 |
July
31, 1989 |
10.50 |
January
8, 1990 |
10.00 |
January
2, 1991 |
9.5 |
February
4, 1991 |
9.00 |
May
1, 1991 |
8.50 |
September
13, 1991 |
8 |
November
6, 1991 |
7.5 |
December
23, 1991 |
6.5 |
July
2, 1992 |
6.00 |
March
24, 1994 |
6.25 |
April
19, 1994 |
6.75 |
May
18, 1994 |
7.25 |
August
16, 1994 |
7.75 |
November
15, 1994 |
8.5 |
February
1, 1995 |
9.00 |
July
7, 1995 |
8.75 |
December
20, 1995 |
8.50 |
January
31, 1996 |
8.25 |
March
27, 1997 |
8.50 |
September
30, 1998 |
8.25 |
October
16, 1998 |
8.00 |
November
18, 1998 |
7.75 |
July
1, 1999 |
8.00 |
August
25, 1999 |
8.25 |
November
17, 1999 |
8.50 |
February
3, 2000 |
8.75 |
March
22, 2000 |
9.00 |
May
17, 2000 |
9.50 |
January
4, 2001 |
9.00 |
February
1, 2001 |
8.50 |
March
21, 2001 |
8.00 |
April
19, 2001 |
7.50 |
May
16, 2001 |
7.00 |
June
28, 2001 |
6.75 |
August
22, 2001 |
6.50 |
September
18, 2001 |
6.00 |
October
3, 2001 |
5.50 |
November
7, 2001 |
5.00 |
December
12, 2001 |
4.75 |
November
7, 2002 |
4.25 |
June
27, 2003 |
4.00 |
July
1, 2004 |
4.25 |
August
11, 2004 |
4.50 |
September
21, 2004 |
4.75 |
November
10, 2004 |
5.00 |
December
14, 2004 |
5.25 |
February
2, 2005 |
5.50 |
March
22, 2005 |
5.75 |
May
3, 2005 |
6.00 |
June 30, 2005 |
6.25 |
August 9, 2005 |
6.50 |
September 20, 2005 |
6.75 |
November 1, 2005 |
7.00 |
December 13, 2005 |
7.25 |
January 31, 2006 |
7.50 |
March 28,
2006 |
7.75 |
May 10, 2006 |
8.00 |
June
29, 2006 |
8.25 |
September
18, 2007 |
7.75 |
October
31, 2007 |
7.50 |
December
11, 2007 |
7.25 |
January
22, 2008 |
6.50 |
January
30, 2008 |
6.00 |
March 18, 2008 |
5.25 |
April
30, 2008 |
5.00 |
October
8, 2008 |
4.50 |
October
29, 2008 |
4.00 |
December
16, 2008 |
3.25 |
December
17, 2015 |
3.5 |
December 15, 2016 |
3.75 |
March 16, 2017 |
4.00 |
June
15, 2017 |
4.25 |
December
14, 2017 |
4.50 |
Date
of Rate Change |
Rate
(%) |
March
22, 2018 |
4.75 |
June
14, 2018 |
5.00 |
September 27, 2018 |
5.25 |
December
20, 2018 |
5.50 |
July
31, 2019 |
5.25 |
September
18, 2019 |
5.00 |
October
30, 2019 |
4.75 |
March
3, 2020 |
4.25 |
March
15, 2020 |
3.25 |
March 16, 2022 |
3.50 |
May 4, 2022 |
4.00 |
June 15, 2022 |
4.75 |
July 27, 2022 |
5.50 |
September 21, 2022 |
6.25 |
November
2, 2022 |
7.0 |
December
14, 2022 |
7.50 |
Date
of Rate Change |
Rate
(%) |
February
1, 2023 |
7.75 |
March
22, 2023 |
8.00 |
May 3, 2023 |
8.25 |
July
26, 2023 |
8.50 |
September
18, 2024 |
8.00 |
November
7, 2024 |
7.75%
(The Current U.S. Prime Rate) |
The Current U.S. (Fed) Prime Rate is: 7.75%
November 7, 2024: The FOMC
has voted
to lower the
target
range for the fed funds rate to 4.50% -
4.75%.
Therefore, the United States Prime Rate
is now 7.75%
The next FOMC meeting and decision on short-term
interest rates will be on December 18, 2024.
|
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- Monthly
Prime Rate History -
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Cumulative
Average of The U.S. Prime Interest
Rate:
|
6.84%*
|
U.S.
Prime Rate Mode (most frequent
value):
|
3.25%*
|
The
Median U.S. Prime Interest Rate:
|
6.00%*
|
U.S.
Prime Rate All-Time High:
|
|
*
= Calculated from the DAILY U.S.
Prime Rate (CHART)
(Data updated and valid through December 18, 2024)
For the Monthly
Prime Rate History, Please
Click Here. |
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