Tip - What is the prime rate, and who borrows at that interest rate?

Published 9 years, 5 month(s) ago | Submitted by Mark Tanis

Dr. Econ defines the prime rate and discusses commercial and consumer loans. Also discussed is the relationship between the prime rate and the fed funds rate.

For further reading: http://www.frbsf.org/education/publications/doctor-econ/2005/june/prime-interest-rate

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Posted: 9 years, 5 month(s) ago

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