Bank Lending Rate in the United States remained unchanged at 6.75 percent in January. 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 Jan 2026
Chain Store Sales 816.51 736.35 USD Million Dec 2025
Michigan Consumer Sentiment 57.30 56.40 points Feb 2026
Consumer Credit Change 24.05 4.70 USD Billion Dec 2025
Consumer Spending 16585.90 16445.70 USD Billion Sep 2025
Credit Card Accounts 648.10 642.31 Million Dec 2025
Debt Balance Auto Loans 1.67 1.66 Trillion USD Dec 2025
Debt Balance Credit Cards 1.28 1.23 Trillion USD Dec 2025
Debt Balance Mortgages 13.17 13.07 Trillion USD Dec 2025
Debt Balance Student Loans 1.66 1.65 Trillion USD Dec 2025
Total Household Debt 18.80 18.59 USD Trillion Dec 2025
Disposable Personal Income 23094.90 23031.20 USD Billion Nov 2025
RCM/TIPP Economic Optimism Index 48.80 47.20 points Feb 2026
Gasoline Prices 0.74 0.76 USD/Liter Jan 2026
Households Debt to GDP 68.00 68.20 percent of GDP Jun 2025
Michigan Consumer Expectations 56.60 57.00 points Feb 2026
Michigan Current Conditions 58.30 55.40 points Feb 2026
Personal Income MoM 0.30 0.10 percent Nov 2025
Personal Savings 3.50 3.70 percent Nov 2025
Personal Spending MoM 0.50 0.50 percent Nov 2025
Private Sector Credit 13304.90 13232.09 USD Billion Dec 2025
Redbook YoY 6.50 6.70 percent Feb 2026
Retail Sales Ex Autos MoM 0.00 0.40 percent Dec 2025
Retail Sales Ex Gas/Autos MoM 0.00 0.30 percent Dec 2025
Retail Sales MoM 0.00 0.60 percent Dec 2025
Retail Sales YoY 2.40 3.30 percent Dec 2025
Used Car Prices MoM 2.40 0.10 percent Jan 2026
Used Car Prices YoY 2.40 0.40 percent Jan 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