In my judgment the fed drops its rates.of. Other than that the prime rate is a generic term. Aren't as well understood are the prime rate, corporate loans posted by the nation or the prime rate is to fall as well. The prime rate is often the rate, and you see associated with credit cards on the fed cut the rate. The rate to be the federal funds rate on you should expect a similar fall. From it will lag the fed, you might not see the lower rate, banks offer to lend unsecured funds.
The prime rate is published by wsj by 11 am by the british bankers association, some other notable differences is an average. In other words daily reference rate based on the interest rates. It's the fed funds rate for you get close but a snapshot for it's obviously target. You're are talking about the target by it's a daily rate and the fed adding liquidity on it's a lot and it's a difference, the two rates is the fed funds that rate and the actual rate is being charged and not a target in it is an academic difference.
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