12 Example Sentences Showcasing the Meaning of 'Prime Interest Rate'
The Federal Reserve decided to increase the prime interest rate to control inflation.
Investors closely monitor the fluctuations in the prime interest rate as it significantly affects stock market performance.
Understanding the prime interest rate is crucial for making informed decisions about personal loans and credit cards.
The bank announced an increase in the prime interest rate, affecting the cost of borrowing for many homeowners.
The finance professor explained how fluctuations in the prime interest rate could affect the overall stability of the financial system.
Students in the economics class discussed the relationship between the prime interest rate and the country's gross domestic product.
The textbook outlined the factors influencing the determination of the prime interest rate in different economies.
The government's decision to lower the prime interest rate was aimed at stimulating economic growth during a period of recession.
The real estate agent explained to first-time homebuyers how changes in the prime interest rate could impact their mortgage payments.
The lecture on macroeconomics explained how the prime interest rate serves as a benchmark for setting various loan rates in the economy.
The central bank's decision to maintain a low prime interest rate was aimed at encouraging borrowing and stimulating consumer spending.
Homeowners rejoiced as the central bank announced a decrease in the prime interest rate, leading to lower monthly mortgage payments.