{
  "id": "MPRIME",
  "title": "Bank Prime Loan Rate",
  "short": "Prime",
  "units": "Percent",
  "frequency": "Monthly",
  "about": "The rate US banks charge their most creditworthy commercial customers. Owner-operator acquisitions financed by SBA 7(a) loans, seller notes, and small commercial term loans are typically quoted as Prime plus a spread.",
  "source": "Federal Reserve Bank of St. Louis, Federal Reserve Economic Data (FRED)",
  "sourceUrl": "https://fred.stlouisfed.org/series/MPRIME",
  "retrieved": "2026-08-26T15:38:23.984Z",
  "license": "FRED data is in the public domain in the US; attribution to the Federal Reserve Bank of St. Louis is requested.",
  "firstObservation": "2020-08-01",
  "lastObservation": "2026-07-01",
  "count": 72,
  "observations": [
    {
      "date": "2020-08-01",
      "value": 3.25
    },
    {
      "date": "2020-09-01",
      "value": 3.25
    },
    {
      "date": "2020-10-01",
      "value": 3.25
    },
    {
      "date": "2020-11-01",
      "value": 3.25
    },
    {
      "date": "2020-12-01",
      "value": 3.25
    },
    {
      "date": "2021-01-01",
      "value": 3.25
    },
    {
      "date": "2021-02-01",
      "value": 3.25
    },
    {
      "date": "2021-03-01",
      "value": 3.25
    },
    {
      "date": "2021-04-01",
      "value": 3.25
    },
    {
      "date": "2021-05-01",
      "value": 3.25
    },
    {
      "date": "2021-06-01",
      "value": 3.25
    },
    {
      "date": "2021-07-01",
      "value": 3.25
    },
    {
      "date": "2021-08-01",
      "value": 3.25
    },
    {
      "date": "2021-09-01",
      "value": 3.25
    },
    {
      "date": "2021-10-01",
      "value": 3.25
    },
    {
      "date": "2021-11-01",
      "value": 3.25
    },
    {
      "date": "2021-12-01",
      "value": 3.25
    },
    {
      "date": "2022-01-01",
      "value": 3.25
    },
    {
      "date": "2022-02-01",
      "value": 3.25
    },
    {
      "date": "2022-03-01",
      "value": 3.37
    },
    {
      "date": "2022-04-01",
      "value": 3.5
    },
    {
      "date": "2022-05-01",
      "value": 3.94
    },
    {
      "date": "2022-06-01",
      "value": 4.38
    },
    {
      "date": "2022-07-01",
      "value": 4.85
    },
    {
      "date": "2022-08-01",
      "value": 5.5
    },
    {
      "date": "2022-09-01",
      "value": 5.73
    },
    {
      "date": "2022-10-01",
      "value": 6.25
    },
    {
      "date": "2022-11-01",
      "value": 6.95
    },
    {
      "date": "2022-12-01",
      "value": 7.27
    },
    {
      "date": "2023-01-01",
      "value": 7.5
    },
    {
      "date": "2023-02-01",
      "value": 7.74
    },
    {
      "date": "2023-03-01",
      "value": 7.82
    },
    {
      "date": "2023-04-01",
      "value": 8
    },
    {
      "date": "2023-05-01",
      "value": 8.23
    },
    {
      "date": "2023-06-01",
      "value": 8.25
    },
    {
      "date": "2023-07-01",
      "value": 8.29
    },
    {
      "date": "2023-08-01",
      "value": 8.5
    },
    {
      "date": "2023-09-01",
      "value": 8.5
    },
    {
      "date": "2023-10-01",
      "value": 8.5
    },
    {
      "date": "2023-11-01",
      "value": 8.5
    },
    {
      "date": "2023-12-01",
      "value": 8.5
    },
    {
      "date": "2024-01-01",
      "value": 8.5
    },
    {
      "date": "2024-02-01",
      "value": 8.5
    },
    {
      "date": "2024-03-01",
      "value": 8.5
    },
    {
      "date": "2024-04-01",
      "value": 8.5
    },
    {
      "date": "2024-05-01",
      "value": 8.5
    },
    {
      "date": "2024-06-01",
      "value": 8.5
    },
    {
      "date": "2024-07-01",
      "value": 8.5
    },
    {
      "date": "2024-08-01",
      "value": 8.5
    },
    {
      "date": "2024-09-01",
      "value": 8.3
    },
    {
      "date": "2024-10-01",
      "value": 8
    },
    {
      "date": "2024-11-01",
      "value": 7.81
    },
    {
      "date": "2024-12-01",
      "value": 7.65
    },
    {
      "date": "2025-01-01",
      "value": 7.5
    },
    {
      "date": "2025-02-01",
      "value": 7.5
    },
    {
      "date": "2025-03-01",
      "value": 7.5
    },
    {
      "date": "2025-04-01",
      "value": 7.5
    },
    {
      "date": "2025-05-01",
      "value": 7.5
    },
    {
      "date": "2025-06-01",
      "value": 7.5
    },
    {
      "date": "2025-07-01",
      "value": 7.5
    },
    {
      "date": "2025-08-01",
      "value": 7.5
    },
    {
      "date": "2025-09-01",
      "value": 7.38
    },
    {
      "date": "2025-10-01",
      "value": 7.23
    },
    {
      "date": "2025-11-01",
      "value": 7
    },
    {
      "date": "2025-12-01",
      "value": 6.83
    },
    {
      "date": "2026-01-01",
      "value": 6.75
    },
    {
      "date": "2026-02-01",
      "value": 6.75
    },
    {
      "date": "2026-03-01",
      "value": 6.75
    },
    {
      "date": "2026-04-01",
      "value": 6.75
    },
    {
      "date": "2026-05-01",
      "value": 6.75
    },
    {
      "date": "2026-06-01",
      "value": 6.75
    },
    {
      "date": "2026-07-01",
      "value": 6.75
    }
  ]
}