It should not be confused with the federal funds rate set by the federal reserve, though these two rates often move in tandem.
What Is Prime Rate Wall Street Journal. The initials stand for the wall street journal, which surveys large banks and publishes the consensus prime rate. Banks to see what their prime lending rate is.
What is the Prime Rate? Definition and Meaning - Market ... from marketbusinessnews.com
The wall street journal is an esteemed, respected newspaper (ha!) owned by the dow jones corporation, which focuses on business and financial market news. What is the prime rate for credit cards and banks. It should not be confused with the federal funds rate set by the federal reserve, though these two rates often move in tandem.
The interest rate that is printed on the bond certificate is referred to as any of the following except:
Prime rate, defined by the wall street journal (wsj) as the base rate on corporate loans posted by at least 70% of the 10 largest u.s. What is the prime rate? The rate is the same whether you pay monthly or yearly. Banks to see what their prime lending rate is.
