Bank Lending Rate in the United States remained unchanged at 8 percent in October. Bank Lending Rate in the United States averaged 6.54 percent from 1950 until 2024, 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 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.