[lbo-talk] Prime Rate lowest since 1955

shag carpet bomb shag at cleandraws.com
Tue Dec 16 13:46:16 PST 2008


At 04:25 PM 12/16/2008, Jordan Hayes wrote:
>Wow! With the Fed rate cut today, many banks announced 3.25% as the new
>Prime Rate, which hasn't been seen since August of 1955; it's been since
>1990 that it was 10% or higher. In late 1980 it briefly touched 21.5% ...
>
>/jordan

huh?



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