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 | Aug 2023 | 8.50 | ±0.00 |
| 1 | Sep 2023 | 8.50 | ±0.084 |
| 2 | Oct 2023 | 8.50 | ±0.10 |
| 3 | Nov 2023 | 8.50 | ±0.11 |
| 4 | Dec 2023 | 8.50 | ±0.12 |
| 5 | Jan 2024 | 8.50 | ±0.12 |
| 6 | Feb 2024 | 8.50 | ±0.13 |
| 7 | Mar 2024 | 8.38 | ±0.13 |
| 8 | Apr 2024 | 8.25 | ±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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| September 22, 2023 | |
| Indicator | Rate, % |
|---|---|
| Prime Rate | 8.50 |
| 30 Year Treasury Bond | 4.53 |
| 10 Year Treasury Note | 4.44 |
| 91 Day Treasury Bill | 5.56 |
| Fed Funds | 5.33 |
| SOFR | 5.30 |
| 30 Year Mortgage Rate | 7.19 |