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Market Commentary 30776
February, 2019 Data:
12 MONTH FORECAST
The 12 month forecast for the Prime Interest Rate is in the table at the top of
this page. Forecast-Chart.com is forecasting that Prime Loan Interest Rates will
be roughly 5.50% in one year. The table shows a HDTFA of 1.03% which
suggests that the March, 2020 rate could easily fall between 6.53% and 4.47%.
Forecasts for many other interest rates may be found by clicking INTEREST
RATE FORECAST at the top of this page.
5 YEAR FORECAST
Will the Prime Loan Interest Rate be higher or lower 5 years from now?
Look at the table immediately below this paragraph. Forecast-Chart.com is
forecasting a probability of 58.3% that the Prime Interest Rate will be higher in 5
years. The table shows a probability of 34.3% that the rate will be lower in 5
years. (February, 2024 rate compared to the February, 2019 rate). 60 YEARS
of historical data were use to calculate probabilities for Forecast-Chart.com's 5
Year Forecast. Check this page each month for updates to the 5 Year
Forecast for the Prime Loan Interest Rate. The forecast may change
substantially as a result of movement in the indicators used in the forecasting
model.
Forecast Probability
Up 58.3%
Down 34.3%
Unchanged 34.3%
5 YEAR FORECAST: Various Rates
In 5 years, how high or how low is the Prime Interest Rate likely to be?
The first line of the table below indicates that the probability of Prime Interest
Rates being ABOVE 7.15% in February, 2024 is 31%. The probability of Prime
Loan Interest Rates being BELOW 7.15% in February, 2024 is 69%.
Probabilities for various other rates are shown as well.
Rate Above Below
7.15% 31% 69%
6.88% 35% 65%
6.60% 40% 60%
6.33% 44% 56%
6.05% 47% 53%
5.78% 53% 47%
5.50% 58% 42%
5.23% 72% 28%
4.95% 77% 23%
4.68% 82% 18%
4.40% 85% 15%
4.13% 87% 13%
3.85% 88% 12%
HISTORICAL PRIME INTEREST RATE
Average (Last 12 Months) 5.07%.
Average (Last 10 Years) 3.56%
High (Last 12 Months) 5.50% (January, 2019)
Low (Last 12 Months) 4.58% (March, 2018)
High (Since January, 1949) 20.50% (August, 1981)
Low (Since January, 1949) 2.00% (August, 1950)
MONTHLY PRIME INTEREST RATE
Mar, 2018 4.58%
Apr, 2018 4.75%
May, 2018 4.75%
Jun, 2018 4.89%
Jul, 2018 5.00%
Aug, 2018 5.00%
Sep, 2018 5.03%
Oct, 2018 5.25%
Nov, 2018 5.25%
Dec, 2018 5.35%
Jan, 2019 5.50%
Feb, 2019 5.50%
HIGHLIGHTS
The Prime Interest Rate for February, 2019 averaged 5.5%. That's the same as
the January, 2019 rate, and 100 basis points higher than the February, 2018
rate of 4.5%. The stability of rates from January to February indicates that the
short term rate trend has been flat. If that market trend continues, we should
see an average daily rate in March, 2019 that is close to 5.5%.
The average Prime Interest Rate for the last 12 months was 5.07%. The
average rate over the last 10 years was 3.56%. Higher rates over the last 12
months compared to the average rates over the last 10 years serve as an
indicator that the long term rate trend in Prime Interest Rates is up.
The highest annual rate over the last 12 months was 5.50%. The lowest was
4.58%. The high annual rate was attained in January, 2019. The market low
was achieved in March, 2018.
Forecast-Chart.com's historical research covers Prime Interest Rate data back
to January, 1949. The average annual rate during that period of history was
6.56%. The highest rate was 20.50%. The lowest rate was 2.00%. The market
high was attained in August of 1981. The market low was achieved in August of
1950. Recent rates experienced in February of 2019 are low relative to the
historical 6.56% average.
This page provides a five year chart and a forecast for Prime Interest Rates.
For links to longer term charts, look at the links under the five year chart
(above). One link opens a ten year chart. Another opens our longest term
graph on Prime Loan Interest Rates. Just one glance at our long term charts
can provide tremendous insight into the historical trends of the financial
markets. The data table above presents the history of the Prime Loan Interest
Rate in numerical format.
Data Source: Board of Governors of the Federal Reserve System (US), Bank
Prime Loan Rate [MPRIME], retrieved from FRED, Federal Reserve Bank of St.
Louis; https://fred.stlouisfed.org/series/MPRIME
SignalTrend Inc. 2008 - 2019; All rights reserved.
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
February, 2019 Data:
12 MONTH FORECAST
The 12 month forecast for the Prime Interest Rate is in the table at the top of
this page. Forecast-Chart.com is forecasting that Prime Loan Interest Rates will
be roughly 5.50% in one year. The table shows a HDTFA of 1.03% which
suggests that the March, 2020 rate could easily fall between 6.53% and 4.47%.
Forecasts for many other interest rates may be found by clicking INTEREST
RATE FORECAST at the top of this page.
5 YEAR FORECAST
Will the Prime Loan Interest Rate be higher or lower 5 years from now?
Look at the table immediately below this paragraph. Forecast-Chart.com is
forecasting a probability of 58.3% that the Prime Interest Rate will be higher in 5
years. The table shows a probability of 34.3% that the rate will be lower in 5
years. (February, 2024 rate compared to the February, 2019 rate). 60 YEARS
of historical data were use to calculate probabilities for Forecast-Chart.com's 5
Year Forecast. Check this page each month for updates to the 5 Year
Forecast for the Prime Loan Interest Rate. The forecast may change
substantially as a result of movement in the indicators used in the forecasting
model.
Forecast Probability
Up 58.3%
Down 34.3%
Unchanged 34.3%
5 YEAR FORECAST: Various Rates
In 5 years, how high or how low is the Prime Interest Rate likely to be?
The first line of the table below indicates that the probability of Prime Interest
Rates being ABOVE 7.15% in February, 2024 is 31%. The probability of Prime
Loan Interest Rates being BELOW 7.15% in February, 2024 is 69%.
Probabilities for various other rates are shown as well.
Rate Above Below
7.15% 31% 69%
6.88% 35% 65%
6.60% 40% 60%
6.33% 44% 56%
6.05% 47% 53%
5.78% 53% 47%
5.50% 58% 42%
5.23% 72% 28%
4.95% 77% 23%
4.68% 82% 18%
4.40% 85% 15%
4.13% 87% 13%
3.85% 88% 12%
HISTORICAL PRIME INTEREST RATE
Average (Last 12 Months) 5.07%.
Average (Last 10 Years) 3.56%
High (Last 12 Months) 5.50% (January, 2019)
Low (Last 12 Months) 4.58% (March, 2018)
High (Since January, 1949) 20.50% (August, 1981)
Low (Since January, 1949) 2.00% (August, 1950)
MONTHLY PRIME INTEREST RATE
Mar, 2018 4.58%
Apr, 2018 4.75%
May, 2018 4.75%
Jun, 2018 4.89%
Jul, 2018 5.00%
Aug, 2018 5.00%
Sep, 2018 5.03%
Oct, 2018 5.25%
Nov, 2018 5.25%
Dec, 2018 5.35%
Jan, 2019 5.50%
Feb, 2019 5.50%
HIGHLIGHTS
The Prime Interest Rate for February, 2019 averaged 5.5%. That's the same as
the January, 2019 rate, and 100 basis points higher than the February, 2018
rate of 4.5%. The stability of rates from January to February indicates that the
short term rate trend has been flat. If that market trend continues, we should
see an average daily rate in March, 2019 that is close to 5.5%.
The average Prime Interest Rate for the last 12 months was 5.07%. The
average rate over the last 10 years was 3.56%. Higher rates over the last 12
months compared to the average rates over the last 10 years serve as an
indicator that the long term rate trend in Prime Interest Rates is up.
The highest annual rate over the last 12 months was 5.50%. The lowest was
4.58%. The high annual rate was attained in January, 2019. The market low
was achieved in March, 2018.
Forecast-Chart.com's historical research covers Prime Interest Rate data back
to January, 1949. The average annual rate during that period of history was
6.56%. The highest rate was 20.50%. The lowest rate was 2.00%. The market
high was attained in August of 1981. The market low was achieved in August of
1950. Recent rates experienced in February of 2019 are low relative to the
historical 6.56% average.
This page provides a five year chart and a forecast for Prime Interest Rates.
For links to longer term charts, look at the links under the five year chart
(above). One link opens a ten year chart. Another opens our longest term
graph on Prime Loan Interest Rates. Just one glance at our long term charts
can provide tremendous insight into the historical trends of the financial
markets. The data table above presents the history of the Prime Loan Interest
Rate in numerical format.
Data Source: Board of Governors of the Federal Reserve System (US), Bank
Prime Loan Rate [MPRIME], retrieved from FRED, Federal Reserve Bank of St.
Louis; https://fred.stlouisfed.org/series/MPRIME
SignalTrend Inc. 2008 - 2019; All rights reserved.
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
The average daily rate per month for prime interest rates is shown in gray. The forecast for the target
month is shown in green.
month is shown in green.
| Prime Rate - 5 Year History |
| 3% |
| 4% |
| 5% |
| 6% |
| 7% |
| 8% |
| 9% |
| Prime Interest Rate Forecast Compare US Interest Rates |
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Current Analysis & Forecast: Prime Interest Rate
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