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United States Average Monthly Prime Lending Rate | 1950-2018 | Data ...

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United States Average Monthly Prime Lending Rate | 1950-2018 | Data ...

Bank Lending Rate in the United States increased to 5.03 percent in September from 5 percent in August of 2018. Bank Lending Rate in the United States averaged 6.63 percent from 1950 until 2018, reaching an all time high of 20.50 percent in August of 1981 and a record low of 2 percent in February of 1950. In the United States, the prime lending rate is the average rate of interest charged on short term loans by commercial banks to companies. T...

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