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federal reserve interest rates

The Prime Rate Explained: How It Is Set and What It Moves

September 17, 2026 by Bruno
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Learn what the prime rate is, how banks set it 300 basis points above the Fed funds rate, and how it directly affects credit cards, HELOCs, and loans.

Categories Banking & Finance, Federal Reserve & Rates, Market Education Tags capital markets, federal reserve interest rates, interest rates, investing basics, prime rate

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