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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 M.
AI-generated editorial image: Contemporary commercial bank lending office desk with leather blotter and pen under natural morning light.

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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