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Market data center on the wall street journal. 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 is the base rate on corporate loans posted by at least 70 of the 10 largest u s. 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.

The wall street journal prime rate wsj prime rate is a measure of the u s. Dow jones a news corp company. Other prime rates aren t directly comparable. Mortgage interest rates haven t been falling as fast as 10 year treasury yields with the gap between the two growing to its highest level in years as borrower appetite for home loans outpaces.

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. The journal surveys the 30 largest banks and when three quarters. It is not the best rate offered by banks. Prime rate is the base rate on corporate loans posted by at least 70 of the 10 largest u s.

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