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Prime Rate

The Prime Rate is defined by The Wall Street Journal as "The base rate on corporate loans posted by at least 75% of the nation's 30 largest banks." Today's current prime is:

LIBOR - 1 Yr 5.169% -0.041%
LIBOR - 6 Mo 5.062% -0.026%
LIBOR - 3 Mo 4.960% 0.000%
LIBOR - 1 Mo 4.822% 0.001%
Treasury - 30 Yr 4.72% -0.03%
Treasury - 10 Yr 4.69% -0.04%
Fed Prime Rate 7.50% 0.00%

as of 28-Mar-06 09:20 ET
sources: DTN, theFinancials.com, Federal Reserve

© theFinancials.com

This helps me with the definition of the prime rate, and the difference between the prime rate adn the treasury's 10 & 30 year rates ( which I believe is related to what Bernanke is adjusting ). The delta in the Fed Prime to Treasury is a way for banks for make money but includes costs as well I would imagine. If there was a quarter point changed yesterday than how will that change the prime rate, my guess would be around 1/2 a point.