Bank Lending Rate in the United States remained unchanged at 5.50 percent in April from 5.50 percent in March of 2019. Bank Lending Rate in the United States averaged 6.62 percent from 1950 until 2019, reaching an all time high of 20.50 percent in August of 1981 and a record low of 2 percent in February of 1950.
Bank Lending Rate in the United States is expected to be 5.50 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 5.50 in 12 months time. In the long-term, the United States Average Monthly Prime Lending Rate is projected to trend around 5.75 percent in 2020, according to our econometric models.