Prime rate

Fed lets low rates and QE2 ride

With oil prices rising, the Fed stuck with its strategy to stimulate the economy.
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Recent prime rate stories

The Fed will pump banks full of cash, but how much of that money will trickle down to consumers?
The Federal Reserve left rates unchanged, but what will it do to help grow the economy?
The prime rate determines borrowing costs on many short-term loans. What is it and how is it set?
With the economy recovering at a slow pace, the FOMC kept rates unchanged for the 14th time.
The Federal Reserve kept rates steady today. How will this affect your savings account and debt load?
Fed keeps rate near zero in an attempt to encourage consumers and businesses to borrow.
Borrowing costs are almost certain to rise on a HELOC tied to the prime rate.
Prime interest rate isn't a mandatory base number but is standard in most banks.
The wisdom of a mortgage refinance today depends on your life plans for the future.
With interest rates likely to rise, locking into a fixed-rate loan may make sense right now.
Prime customers can borrow at a discount to the prime rate, so the number has lost its meaning, says Dr. Don.
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