What Is Today's Wall Street Journal Prime Rate. 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 wsj prime rate?
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What is wsj prime rate? The federal funds overnight rate serves as the the wsj prime rate gets its name from the wall street journal's practice of polling the 10 largest u.s. The prime rate is the interest rate that commercial banks charge to their most creditworthy customers.
Wall street journal prime rate is the base rate on corporate loans posted by at least 70% of the 10 largest u.s.
Find wall street journal customer support, phone number, email address, customer care customer service email. The wsj prime rate is essentially the base interest rate that banks are charging borrowers, and it's referenced by lenders and borrowers alike. Many (if not most) lenders specify this as their source of this index. In addition to commercial loans and credit card rates, many consumer loans are based upon the prime rate today, including credit products like home equity.
