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 2023 | 7.82 | ±0.00 |
| 1 | Apr 2023 | 8.00 | ±0.084 |
| 2 | May 2023 | 8.45 | ±0.10 |
| 3 | Jun 2023 | 8.64 | ±0.11 |
| 4 | Jul 2023 | 8.79 | ±0.12 |
| 5 | Aug 2023 | 9.00 | ±0.12 |
| 6 | Sep 2023 | 9.00 | ±0.13 |
| 7 | Oct 2023 | 9.00 | ±0.13 |
| 8 | Nov 2023 | 9.00 | ±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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| March 29, 2023 | |
| Indicator | Rate, % |
|---|---|
| Prime Rate | 8.00 |
| 30 Year Treasury Bond | 3.78 |
| 10 Year Treasury Note | 3.57 |
| 91 Day Treasury Bill | 4.80 |
| Fed Funds | 4.83 |
| SOFR | 4.84 |
| 30 Year Mortgage Rate | 6.42 |