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Todayâs Prime Rate. The prime rate today is 3.25%. This prime rate has been in effect since the Fed Funds rate was lowered to 0%-0.25% back in December of 2008. So, 0.25% + 3% = 3.25% (todayâs prime rate). This is the longest period of prime rate stability in history.
The Current Wall Street Journal Prime Rate is: 3.25% (the last rate change â a decrease of 75 basis points [0.75 percentage point] â occurred on December 16, 2008) The U.S. Prime Rate is a commonly used, short-term interest rate in the banking system of the United States.