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Dow jones a news corp company news corp is a network of leading companies in the worlds of diversified media news education and information services. It should not be confused with the federal funds rate set by the federal reserve though these two rates often move in tandem. Best of the web newsletter. The journal surveys the 30 largest banks and when three quarters.

Prime rate is the base rate on corporate loans posted by at least 70 of the 10 largest u s. The initials stand for the wall street journal which surveys large banks and publishes the consensus prime rate. Market data center on the wall street journal. Banks and is effective 3 16 20.

Market data center on the wall street journal. The wall street journal prime rate wsj prime rate is a measure of the u s. Interest rates affect the cost of borrowing so the federal reserve s surprise rate cut tuesday can ripple through the cost of mortgages and the interest earned on savings accounts and more. Prime rate defined by the wall street journal wsj as the base rate on corporate loans posted by at least 70 of the 10 largest u s.

It is not the best rate offered by banks. Dow jones a news corp company.

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