How the Prime Rate Behaves at the Peak of a Rate Cycle
The prime rate hit 8.50% in July 2023—its highest since 2001—after 11 Fed hikes in 16 months. Here’s what borrowers experienced and what peak cycles reveal.
Apr 26 2026
Read MoreThe prime rate hit 8.50% in July 2023—its highest since 2001—after 11 Fed hikes in 16 months. Here’s what borrowers experienced and what peak cycles reveal.
Apr 26 2026
Read More