The Fed – What is the prime rate, and does the Federal. – The prime rate is an interest rate determined by individual banks. It is often used as a reference rate (also called the base rate) for many types of loans, including loans to small businesses and credit card loans. On its H.15 statistical release, "Selected Interest Rates," the Board reports the.

Money Rates – The Wall Street Journal – Money Rates Thank you for being a loyal reader of Money Rates. As we streamline our Markets content, this newsletter will retire on June 5th.. U.S. prime rate is the base rate on corporate.