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 | Sep 2024 | 8.30 | ±0.00 |
| 1 | Oct 2024 | 8.00 | ±0.084 |
| 2 | Nov 2024 | 7.62 | ±0.10 |
| 3 | Dec 2024 | 7.50 | ±0.11 |
| 4 | Jan 2025 | 7.50 | ±0.12 |
| 5 | Feb 2025 | 7.00 | ±0.12 |
| 6 | Mar 2025 | 6.47 | ±0.13 |
| 7 | Apr 2025 | 5.50 | ±0.13 |
| 8 | May 2025 | 4.05 | ±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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| October 21, 2024 | |
| Indicator | Rate, % |
|---|---|
| Prime Rate | 8.00 |
| 30 Year Treasury Bond | 4.49 |
| 10 Year Treasury Note | 4.19 |
| 91 Day Treasury Bill | 4.73 |
| Fed Funds | 4.83 |
| SOFR | 4.82 |
| 30 Year Mortgage Rate | 6.44 |