After today’s .25% rate increase in the target range for the Fed Funds Rate, banks are increasing their Prime Rates with a corresponding increase from 4.25% to 4.50%. These changes will be effective for most banks tomorrow, December 14, 2017.
After today’s .25% rate increase in the target range for the Fed Funds Rate, banks are increasing their Prime Rates with a corresponding increase from 4.25% to 4.50%. These changes will be effective for most banks tomorrow, December 14, 2017.