Bank Lending Rate in the United States remained unchanged at 8.50 percent in August. Bank Lending Rate in the United States averaged 6.54 percent from 1950 until 2024, reaching an all time high of 20.50 percent in August of 1981 and a record low of 2.00 percent in February of 1950. source: Federal Reserve
Bank Lending Rate in the United States is expected to be 8.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.
| Related | Last | Previous | Unit | Reference |
|---|---|---|---|---|
| Bank Lending Rate | 8.50 | 8.50 | percent | Aug 2024 |
| Chain Store Sales | 2341.00 | 2643.00 | USD Million | Jun 2024 |
| Michigan Consumer Sentiment | 67.90 | 66.40 | points | Aug 2024 |
| Consumer Credit Change | 25.45 | 5.23 | USD Billion | Jul 2024 |
| Consumer Spending | 15755.20 | 15643.00 | USD Billion | Jun 2024 |
| Credit Card Accounts | 599.10 | 596.58 | Million | Jun 2024 |
| Debt Balance Auto Loans | 1.63 | 1.62 | Trillion USD | Jun 2024 |
| Debt Balance Credit Cards | 1.14 | 1.12 | Trillion USD | Jun 2024 |
| Debt Balance Mortgages | 12.52 | 12.44 | Trillion USD | Jun 2024 |
| Debt Balance Student Loans | 1.59 | 1.60 | Trillion USD | Jun 2024 |
| Total Household Debt | 17.80 | 17.70 | USD Trillion | Jun 2024 |
| Disposable Personal Income | 20932.00 | 20894.30 | USD Billion | Jun 2024 |
| RCM/TIPP Economic Optimism Index | 46.10 | 44.50 | points | Sep 2024 |
| Gasoline Prices | 0.89 | 0.92 | USD/Liter | Aug 2024 |
| Households Debt to GDP | 72.90 | 73.40 | percent of GDP | Dec 2023 |
| Michigan Consumer Expectations | 72.10 | 68.80 | points | Aug 2024 |
| Michigan Current Conditions | 61.30 | 62.70 | points | Aug 2024 |
| Personal Income MoM | 0.30 | 0.20 | percent | Jul 2024 |
| Personal Savings | 3.40 | 3.50 | percent | Jun 2024 |
| Personal Spending MoM | 0.50 | 0.30 | percent | Jul 2024 |
| Private Sector Credit | 12441.00 | 12422.70 | USD Billion | Jul 2024 |
| Redbook YoY | 6.50 | 6.30 | percent | Sep 2024 |
| Retail Sales Ex Autos MoM | 0.40 | 0.50 | percent | Jul 2024 |
| Retail Sales Ex Gas/Autos MoM | 0.40 | 0.80 | percent | Jul 2024 |
| Retail Sales MoM | 1.00 | -0.20 | percent | Jul 2024 |
| Retail Sales YoY | 2.70 | 2.00 | percent | Jul 2024 |
| Used Car Prices MoM | 1.20 | 2.80 | percent | Aug 2024 |
| Used Car Prices YoY | -3.90 | -4.80 | percent | Aug 2024 |
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.
| Actual | Previous | Highest | Lowest | Dates | Unit | Frequency | ||
|---|---|---|---|---|---|---|---|---|
| 8.50 | 8.50 | 20.50 | 2.00 | 1950 - 2024 | percent | Monthly |
Compare Bank Lending Rate by Country
Full Year GDP Growth
GDP
GDP Annual Growth Rate
GDP Constant Prices
GDP from Agriculture
GDP from Construction
GDP from Manufacturing
GDP from Mining
GDP from Public Administration
GDP from Services
GDP from Transport
GDP from Utilities
GDP Growth Rate
GDP per Capita
GDP per Capita PPP
GDP Sales
Gross Fixed Capital Formation
Gross National Product
Real Consumer Spending
Weekly Economic Index
ADP Employment Change
Average Hourly Earnings MoM
Average Hourly Earnings YoY
Average Weekly Hours
Challenger Job Cuts
Continuing Jobless Claims
Employed Persons
Employment Cost Index
Employment Rate
Full Time Employment
Government Payrolls
Hiring Plans Announcements
Initial Jobless Claims
Job Layoffs and Discharges
Job Openings
Job Quits Rate
Jobless Claims 4-week Average
JOLTs Job Openings
JOLTs Job Quits
Labour Costs
Long Term Unemployment Rate
Manufacturing Payrolls
Minimum Wages
Non Farm Payrolls
Nonfarm Payrolls Private
Nonfarm Productivity
Part Time Employment
Participation Rate
Population
Productivity
Retirement Age Men
Retirement Age Women
U-6 Unemployment Rate
Unemployed Persons
Unemployment Rate
Unit Labour Costs
Wage Growth
Wages
Wages in Manufacturing
Youth Unemployment Rate
Consumer Inflation Expectations
Core Consumer Prices
Core Inflation Rate MoM
Core Inflation Rate YoY
Core PCE Price Index
Core PCE Price Index MoM
Core PCE Price Index YoY
Core PCE Prices
Core PPI MoM
Core PPI YoY
Core Producer Prices
CPI
CPI Core Core YoY
CPI Housing Utilities
CPI Median
CPI s.a
CPI Transportation
CPI Trimmed-Mean
Energy Inflation
Export Prices
Export Prices MoM
Export Prices YoY
Food Inflation
GDP Price Index
Import Prices
Import Prices MoM
Import Prices YoY
Inflation Rate MoM
Inflation Rate YoY
Michigan 5 Year Inflation Expectations
Michigan Inflation Expectations
PCE Price Index
PCE Price Index MoM
PCE Price Index YoY
PCE Prices
PPI
PPI Ex Food Energy and Trade Services
PPI Ex Food, Energy and Trade MoM
PPI Ex Food, Energy and Trade YoY
PPI MoM
PPI YoY
Rent Inflation
Services Inflation
Banks Balance Sheet
Effective Federal Funds Rate
Fed Balance Sheet
Fed Capital Account Surplus
Fed Interest Rate
Foreign Bond Investment
Foreign Exchange Reserves
Interbank Rate
Loans to Private Sector
Money Supply M0
Money Supply M1
Money Supply M2
Private Debt to GDP
Proxy Funds Rate
Secured Overnight Financing Rate
Auto Exports
Balance of Trade
Crude Oil Production
Current Account
Current Account Services
Current Account to GDP
Exports
Exports by Category
Exports by Country
External Debt
Foreign Direct Investment
Gold Reserves
Goods Trade Balance
Imports
Imports by Category
Imports by Country
Net Long-term TIC Flows
Oil Exports
Overall Net Capital Flows
Terms of Trade
Terrorism Index
Tourism Revenues
Tourist Arrivals
Weapons Sales
Weekly Crude Oil Production
Bankruptcies
Business Inventories MoM
Capacity Utilization
Car Production
Car Registrations
Changes in Inventories
Chicago Fed National Activity Index
Chicago PMI
Coincident Index
Composite Leading Indicator
Corporate Profits
Dallas Fed Manufacturing Index
Dallas Fed Services Index
Durable Goods Orders MoM
Factory Orders ex Transportation
Factory Orders MoM
Industrial Production MoM
Industrial Production YoY
ISM Manufacturing PMI
ISM Services PMI
Kansas Fed Manufacturing Index
Leading Economic Index
LMI Logistics Managers Index
Manufacturing Production MoM
Manufacturing Production YoY
Mining Production
New Orders
NFIB Business Optimism Index
Non Defense Goods Orders Ex Air
NY Empire State Manufacturing Index
Philadelphia Fed Manufacturing Index
Retail Inventories Ex Autos MoM
Richmond Fed Manufacturing Index
Richmond Fed Services Index
S&P Global Composite PMI
S&P Global Manufacturing PMI
S&P Global Services PMI
Steel Production
Total Vehicle Sales
Wholesale Inventories MoM
Bank Lending Rate
Chain Store Sales
Consumer Credit Change
Consumer Spending
Credit Card Accounts
Debt Balance Auto Loans
Debt Balance Credit Cards
Debt Balance Mortgages
Debt Balance Student Loans
Disposable Personal Income
Gasoline Prices
Households Debt to GDP
Michigan Consumer Expectations
Michigan Consumer Sentiment
Michigan Current Conditions
Personal Income MoM
Personal Savings
Personal Spending MoM
Private Sector Credit
RCM/TIPP Economic Optimism Index
Redbook YoY
Retail Sales Ex Autos MoM
Retail Sales Ex Gas/Autos MoM
Retail Sales MoM
Retail Sales YoY
Total Household Debt
Used Car Prices MoM
Used Car Prices YoY
15-Year Mortgage Rate
30-Year Mortgage Rate
Average House Prices
Average Mortgage Size
Building Permits
Building Permits MoM
Case Shiller Home Price Index
Construction Spending MoM
Existing Home Sales
Existing Home Sales MoM
Existing Home Sales Prices
Home Ownership Rate
House Price Index
House Price Index MoM
House Price Index YoY
Housing Starts
Housing Starts MoM
Housing Starts Multi Family
Housing Starts Single Family
MBA 30-Year Mortgage Rate
MBA Mortgage Applications
MBA Mortgage Market Index
MBA Mortgage Refinance Index
MBA Purchase Index
Mortgage Originations
NAHB Housing Market Index
National Home Price Index
New Home Sales
New Home Sales MoM
Pending Home Sales MoM
Pending Home Sales YoY
Price to Rent Ratio
Residential Property Prices
S&P/Case-Shiller Home Price MoM
S&P/Case-Shiller Home Price YoY
Total Housing Inventory
API Crude Imports
API Crude Oil Stock Change
API Crude Runs
API Cushing Number
API Distillate Stocks
API Gasoline Stocks
API Heating Oil
API Product Imports
Baker Hughes Oil Rig Count
Baker Hughes Total Rigs Count
EIA Crude Oil Imports Change
EIA Crude Oil Stocks Change
EIA Cushing Crude Oil Stocks Change
EIA Distillate Fuel Production Change
EIA Distillate Stocks Change
EIA Gasoline Production Change
EIA Gasoline Stocks Change
EIA Heating Oil Stocks Change
EIA Natural Gas Stocks Change
EIA Refinery Crude Runs Change
Strategic Petroleum Reserve Crude Oil Stocks
More Indicators
