Prime Lending Rates Dip: If You Have Excellent Credit, Now May Be The Best Time To Get A Loan

While boring, there’s a bountiful list of reasons to be the responsible friend in the group and nurture your credit score.

The Fed cut interest rates. How quickly will you notice changes?

Economists say it is likely the first in a series of reductions that should make borrowing more accessible for consumers.  Fed Chair Powell described the reduction as “a risk-management ...

Will the Fed cut rates today? These charts may determine its decision.

With the U.S. economy facing headwinds, the Federal Reserve faces pressure to trim interest rates this week for the first ...
Crain's Cleveland Business

Regional banks trim prime lending rates to 8%

Echoing the Federal Reserve’s move to cut interest rates by a half-percentage point — marking the first rate reduction in more than four years — regional banks have lowered their prime lending rates ...

Fed Cuts Rates for First Time This Year

The Federal Reserve lowered rates by a quarter point, but Stephen Miran, a Trump appointee who joined the board this week, ...
Business Wire

HSBC Bank USA, N.A. and Affiliates Reduces Prime and Reference Rate

NEW YORK--(BUSINESS WIRE)--HSBC Bank USA, N.A., and its affiliates announced today that they have reduced their prime and reference rate from 7.75% to 7.50%, effective tomorrow, 12/19/2024. About HSBC ...