It is not the best rate offered by banks.
The wall street journal money rates.
It should not be confused with the federal funds rate set by the federal reserve though these two rates often move in tandem.
Prime rate defined by the wall street journal wsj as the base rate on corporate loans posted by at least 70 of the 10 largest u s.
As we streamline our markets content this newsletter will retire on june 5th.
The wall street journal prime rate wsj prime rate is a measure of the u s.
To ensure you don t miss.
The initials stand for the wall street journal which surveys large banks and publishes the consensus prime rate.
Dow jones a news corp company news corp is a network of leading companies in the worlds of diversified media news education and information services.
Other prime rates aren t directly comparable.
Prime rate is the base rate on corporate loans posted by at least 70 of the 10 largest u s.
Money rates thank you for being a loyal reader of money rates.
The journal surveys the 30 largest banks and when three quarters.