Forecast of WSJ Prime Rate
Prime Rate Forecast Values
Bank Prime Lending Rate. Percent per Year, Average of Month.
| Month | Date | Forecast Value | Avg Error |
|---|---|---|---|
| 0 | Mar 2024 | 8.50 | ±0.00 |
| 1 | Apr 2024 | 8.50 | ±0.084 |
| 2 | May 2024 | 8.50 | ±0.10 |
| 3 | Jun 2024 | 8.35 | ±0.11 |
| 4 | Jul 2024 | 8.25 | ±0.12 |
| 5 | Aug 2024 | 8.25 | ±0.12 |
| 6 | Sep 2024 | 7.82 | ±0.13 |
| 7 | Oct 2024 | 7.50 | ±0.13 |
| 8 | Nov 2024 | 4.85 | ±0.13 |
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Chart of WSJ Prime Rate with Forecast
Bank Prime Lending Rate. Percent Per Year. Average of Month.
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| May 02, 2024 | |
| Indicator | Rate, % |
|---|---|
| Prime Rate | 8.50 |
| 30 Year Treasury Bond | 4.72 |
| 10 Year Treasury Note | 4.58 |
| 91 Day Treasury Bill | 5.46 |
| Fed Funds | 5.33 |
| SOFR | 5.32 |
| 30 Year Mortgage Rate | 7.22 |