Explore the significance of the bank's prime rate and the WSJ prime rate today. Learn its importance as a benchmark for various loans and credit lines.

The prime rate is one of the main factors banks use to determine interest rates on loans. If you’re in the market for a new variable rate mortgage or a personal loan, understanding the prime ...

Summary The PBOC made its first rate cut since February, cutting the 7-day reverse repo rate 10 basis points to 1.7%. Loan prime rates were also cut 10bp in a boost to growth. Our current forecast ...