U.S. Banks Raise Prime Rate to 7.25 percent

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00007342-us-banks-raise-prime-rate-to-725-percent/

U.S. banks on Tuesday raised the lending rate they charge their best customers to the highest level in four-and-a-half years in a move that will boost borrowing costs for millions of consumers.

For this complete story, please visit U.S. Banks Raise Prime Rate to 7.25 percent.

U.S. Banks Raise Prime Rate to 7.25 percent

Unknown Author

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