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 | May 2023 | 8.22 | ±0.00 |
| 1 | Jun 2023 | 8.39 | ±0.084 |
| 2 | Jul 2023 | 8.50 | ±0.10 |
| 3 | Aug 2023 | 8.50 | ±0.11 |
| 4 | Sep 2023 | 8.50 | ±0.12 |
| 5 | Oct 2023 | 8.50 | ±0.12 |
| 6 | Nov 2023 | 8.50 | ±0.13 |
| 7 | Dec 2023 | 8.50 | ±0.13 |
| 8 | Jan 2024 | 8.46 | ±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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| June 06, 2023 | |
| Indicator | Rate, % |
|---|---|
| Prime Rate | 8.25 |
| 30 Year Treasury Bond | 3.87 |
| 10 Year Treasury Note | 3.70 |
| 91 Day Treasury Bill | 5.44 |
| Fed Funds | 5.08 |
| SOFR | 5.06 |
| 30 Year Mortgage Rate | 6.79 |