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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. It should not be confused with the discount rate set by the Federal Reserve ...
Prior to December 17, 2008, the Wall Street Journal followed a policy of changing its published prime rate when 23 out of 30 of the United States' largest banks changed their prime rates. Recognizing that fewer, larger banks now control most banking assets (that is, it is more concentrated), the Journal now publishes a rate reflecting the base ...
The prime interest rate, also known as the “U.S. prime rate” or “Wall Street Journal prime rate,” is determined by individual banks, helping them decide how much interest to charge for ...
Launch of The Wall Street Journal Sunday: September 12, 1999. A four-page print supplement of original investing news, market reports and personal-finance advice that ran in the business sections of other U.S. newspapers. WSJ Sunday circulation peaked in 2005 with 84 newspapers reaching nearly 11 million homes.
This is especially true for the WSJ Prime rate, which typically changes a few days after a Federal Reserve meeting at which the Fed announces a rate adjustment.
Harwood became the White House correspondent for the Wall Street Journal in 1991, covering the George H. W. Bush administration. He subsequently became a Capitol Hill correspondent and, in 1997, political editor and chief political correspondent for the newspaper. Harwood became chief Washington correspondent for CNBC in March 2006. [3]
U.S. prime rate#Wall Street Journal prime rate From a merge : This is a redirect from a page that was merged into another page. This redirect was kept in order to preserve the edit history of this page after its content was merged into the content of the target page.
James Freeman (journalist) James Freeman is an American journalist specializing in economics, assistant editorial page editor at The Wall Street Journal, and author. Freeman is a graduate of Yale College. After graduation, he served as investor advocate at the U.S. Securities and Exchange Commission. [ 1]
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