Canada Prime Rate History 1935 April 2024
The prime rate had increased since May 2022, moving in tandem with the FOMC’s increases to the fed funds rate to combat high inflation. LIBOR was the amount banks charged each other for eurodollars on the London interbank market. The Intercontinental Exchange (ICE) group asked several large banks how much it would cost them to En savoir plus surCanada Prime Rate History 1935 April 2024[…]