Interest rates · DPRIME

Prime rate

As of Oct 26, 2026, the prime rate stood at 7.00%, a change of 0.00 pt from previous reading.

Source: Board of Governors of the Federal Reserve System via FRED®. Daily data, not seasonally adjusted. Latest observation Oct 26, 2026; snapshot taken Oct 27, 2026, 6:41 PM EDT.

Latest (Oct 26, 2026)

7.00%

Change from Oct 23, 2026

0.00 pt

A year earlier

7.25%

12-month change

-3.4%

7.00% Oct 26, 2026 · Percent

2%4%6%8%20222023202420252026

Percent. Data from Aug 4, 1955 to Oct 26, 2026 (18,155 observations); older daily or weekly values are shown as month-end readings in the chart.

What it measures

The prime rate is the base rate banks post for short-term business loans, and many credit cards and home equity lines are priced off it. It usually sits 3 percentage points above the top of the Fed's target range.

Official title
Bank Prime Loan Rate
Units
Percent
Frequency and adjustment
Daily, not seasonally adjusted
Original source
Board of Governors of the Federal Reserve System
Recent values
DateValueChange
Oct 26, 20267.00%0.00 pt
Oct 23, 20267.00%0.00 pt
Oct 22, 20267.00%0.00 pt
Oct 21, 20267.00%0.00 pt
Oct 20, 20267.00%0.00 pt
Oct 19, 20267.00%0.00 pt
Oct 16, 20267.00%0.00 pt
Oct 15, 20267.00%0.00 pt
Oct 14, 20267.00%0.00 pt
Oct 13, 20267.00%0.00 pt
Oct 12, 20267.00%0.00 pt
Oct 9, 20267.00%0.00 pt

Related indicators

Fed target rate (upper)

4.00%

Percent · Oct 27, 2026

Credit card interest rate

21.19%

Percent · Q3 2026

Fed funds rate

3.75%

Percent · Sep 2026

This page shows public economic data for general information. It is not financial advice and does not predict future values.

Sources

FRED® is a registered trademark of the Federal Reserve Bank of St. Louis. Neither the Federal Reserve Bank of St. Louis nor Board of Governors of the Federal Reserve System endorses OpenEcon.