Bank Lending Rate in the United States remained unchanged at 6.75 percent in April. 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 Apr 2026
Chain Store Sales 759.59 655.06 USD Million Mar 2026
Michigan Consumer Sentiment 48.20 49.80 points May 2026
Consumer Credit Change 24.86 8.85 USD Billion Mar 2026
Consumer Spending 16731.20 16665.20 USD Billion Mar 2026
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 23429.80 23448.10 USD Billion Feb 2026
RCM/TIPP Economic Optimism Index 42.60 42.80 points May 2026
Gasoline Prices 1.08 0.96 USD/Liter Apr 2026
Households Debt to GDP 68.00 68.10 percent of GDP Sep 2025
Michigan Consumer Expectations 48.50 48.10 points May 2026
Michigan Current Conditions 47.80 52.50 points May 2026
Personal Income MoM 0.60 0.00 percent Mar 2026
Personal Savings 3.60 3.90 percent Mar 2026
Personal Spending MoM 0.90 0.60 percent Mar 2026
Private Sector Credit 13626.91 13531.33 USD Billion Mar 2026
Redbook YoY 7.80 7.70 percent May 2026
Retail Sales Ex Autos MoM 1.90 0.70 percent Mar 2026
Retail Sales Ex Gas/Autos MoM 0.60 0.60 percent Mar 2026
Retail Sales MoM 1.70 0.70 percent Mar 2026
Retail Sales YoY 3.97 3.96 percent Mar 2026
Used Car Prices MoM -1.60 1.40 percent Apr 2026
Used Car Prices YoY 1.80 6.20 percent Apr 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