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The wall street journal defines wsj prime rate as u s.
Current index rate wall street journal. View the full dow jones industrial average djia index overview including the latest stock market news data and trading information. There are different indices that report on the prime rate and one of most commonly referred is the prime rate index is the wall street journal s prime rate wsj prime rate. 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. In general its changes have been smaller than changes in the prime rate.
The journal surveys the 30 largest banks and when three quarters. It should not be confused with the federal funds rate set by the federal reserve though these two rates often move in tandem. This is the current wall street journal wsj prime rate and historical values for the years 2000 to 2019. Market data center on the wall street journal.
The prime rate as reported by the wall street journal s bank survey is among the most widely used benchmark in setting home equity lines of credit and credit card rates. 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. Capital markets and can be found in the wall street journal. The initials stand for the wall street journal which surveys large banks and publishes the consensus prime rate.
Prime rate is the base rate on corporate loans posted by at least 70 of the 10 largest u s. Index july 20 aug.
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