Bank Lending Rate in the United States remained unchanged at 6.75 percent in May. Bank Lending Rate in the United States averaged 6.55 percent from 1950 until 2026, reaching an all time high of 20.50 percent in August of 1981 and a record low of 2.00 percent in February of 1950. source: Federal Reserve

Bank Lending Rate in the United States is expected to be 6.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Average Monthly Prime Lending Rate is projected to trend around 6.25 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Bank Lending Rate 6.75 6.75 percent May 2026
Chain Store Sales 3391.00 3131.00 USD Million May 2026
Michigan Consumer Sentiment 49.50 44.80 points Jun 2026
Consumer Credit Change 20.73 22.23 USD Billion Apr 2026
Consumer Spending 16687.70 16665.20 USD Billion Mar 2026
Credit Card Accounts 647.96 648.10 Million Mar 2026
Debt Balance Auto Loans 1.69 1.67 Trillion USD Mar 2026
Debt Balance Credit Cards 1.25 1.28 Trillion USD Mar 2026
Debt Balance Mortgages 13.19 13.17 Trillion USD Mar 2026
Debt Balance Student Loans 1.66 1.66 Trillion USD Mar 2026
Total Household Debt 18.79 18.78 USD Trillion Mar 2026
Disposable Personal Income 23472.20 23492.10 USD Billion Apr 2026
RCM/TIPP Economic Optimism Index 42.50 42.60 points Jun 2026
Gasoline Prices 1.07 1.18 USD/Liter Jun 2026
Households Debt to GDP 68.10 68.20 percent of GDP Dec 2025
Michigan Consumer Expectations 50.70 44.10 points Jun 2026
Michigan Current Conditions 47.70 45.80 points Jun 2026
Personal Income MoM 0.70 0.00 percent May 2026
Personal Savings 3.00 3.00 percent May 2026
Personal Spending MoM 0.70 0.40 percent May 2026
Private Sector Credit 13804.80 13739.80 USD Billion May 2026
Redbook YoY 10.50 10.00 percent Jun 2026
Retail Sales Ex Autos MoM 0.80 0.70 percent May 2026
Retail Sales Ex Gas/Autos MoM 0.50 0.50 percent May 2026
Retail Sales MoM 0.90 0.40 percent May 2026
Retail Sales YoY 6.90 4.80 percent May 2026
Used Car Prices MoM 0.30 -1.60 percent May 2026
Used Car Prices YoY 3.60 1.80 percent May 2026


United States Average Monthly Prime Lending Rate
In the United States, the prime lending rate is the average rate of interest charged on short term loans by commercial banks to companies.
Actual Previous Highest Lowest Dates Unit Frequency
6.75 6.75 20.50 2.00 1950 - 2026 percent Monthly