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What is the prime rate of the Wall Street Journal?

The Wall Street Journal Prime Rate (WSJ Prime Rate) is a measure of the U.S. 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. banks.". It is not the "best" rate offered by banks.

What was the prime rate published in the Wall Street Journal?

Prime Rate. As a convention, when 23 out of United States 30 largest banks change their prime rate, the Wall Street Journal publishes a composite prime rate change. In United States As published in WSJ the current prime rate is 3.25% and the Canadian prime rate is 2.50%..... read more.

Who actually owns the Wall Street Journal?

The Wall Street Journal is owned by media magnate Rupert Murdoch, who purchased the company for $5 billion in 2007 through his company, News Corporation.

What is the WSJ prime rate?

The Wall Street Journal Prime Rate (WSJ Prime Rate) is a measure of the U.S. 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. banks". Nov 19 2019


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