Bank Lending Rate in the United States decreased to 3.25 percent in April from 3.81 percent in March of 2020.

Bank Lending Rate in the United States averaged 6.60 percent from 1950 until 2020, reaching an all time high of 20.50 percent in August of 1981 and a record low of 2 percent in February of 1950. This page provides - United States Average Monthly Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Average Monthly Prime Lending Rate - values, historical data and charts - was last updated on June of 2020.

Bank Lending Rate in the United States is expected to be 3.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bank Lending Rate in the United States to stand at 3.25 in 12 months time. In the long-term, the United States Average Monthly Prime Lending Rate is projected to trend around 3.50 percent in 2021 and 3.75 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
United States Average Monthly Prime Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.25 3.81 20.50 2.00 1950 - 2020 percent Monthly

United States Consumer Last Previous Highest Lowest Unit
Consumer Confidence 72.30 71.80 111.40 51.70 points [+]
Retail Sales MoM -16.40 -8.30 6.70 -16.40 percent [+]
Retail Sales YoY -21.60 -5.70 11.20 -21.60 percent [+]
Retail Sales Ex Autos -17.20 -4.00 2.60 -17.20 percent [+]
Consumer Spending 13180.84 13413.81 13413.81 1403.69 USD Billion [+]
Disposable Personal Income 18660.25 16532.46 18660.25 351.54 USD Billion [+]
Personal Spending -13.60 -6.90 2.80 -13.60 percent [+]
Personal Income 10.50 -2.20 10.50 -4.70 percent [+]
Personal Savings 33.00 12.70 33.00 2.20 percent [+]
Consumer Credit -12.04 19.92 115.58 -111.81 USD Billion [+]
Private Sector Credit 10816.70 10443.48 10816.70 39.04 USD Billion [+]
Bank Lending Rate 3.25 3.81 20.50 2.00 percent [+]
Economic Optimism Index 49.70 47.80 62.90 35.80 [+]
Redbook Index -7.20 -5.50 9.30 -12.60 percent [+]
Chain Store Sales 1177.00 2650.00 15875.00 1177.00 USD Million [+]
Gasoline Prices 0.49 0.49 1.07 0.24 USD/Liter [+]
Households Debt To GDP 75.40 75.20 98.60 23.80 percent of GDP [+]
Consumer Confidence Current Conditions 113.20 112.50 121.10 57.50 [+]
Consumer Confidence Economic Expectations 80.20 83.90 108.60 44.20 [+]
Consumer Confidence Price Trends 2.70 2.60 10.40 0.40 [+]


United States Average Monthly Prime Lending Rate
In the United States, the prime lending rate is the average rate of interest charged on short term loans by commercial banks to companies.