0
What impact does the Fed's raising the prime a 1/4 point have on small business loan rates?
Wiki User
∙ 14y ago
Technically speaking, the Fed does not set the prime rate--they set the Fed Funds rate, and the banks that set their own prime rates (which is then reported in the Wall Street Journal) vary those rates to match the Fed Funds rate. That being said, many small business loans are based on the Prime Rate plus a spread, so if Prime goes up 1/4 point, the loan rate will go up 1/4 point.
When the fed raises interest rates this has an effect on rates throughout the country. This includes even small business loan rates.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What is the starting point for measuring longitude?
the prime meridian is the starting point when measuring the longitude
What is prime notations?
Prime notation is used to identify an image point.
What is a power to a prime number?
A power to a prime number refers to raising the prime number to a positive integer exponent. For example, if the prime number is 2 and the exponent is 3, then 2 to the power of 3 is 8. In general, when a prime number is raised to a power, it results in a composite number.
What is business prime objectives?
To make a profit
Which prime minister made the biggest impact to Australia?
Bob hawk.
What degree is the prime meridian located at?
The longitude of the Prime Meridian, by international definition and agreement, is zero (0°). .Every point on the Prime Meridian has a different latitude, and every latitude on Earthhas a point on the Prime Meridian.
Was Steve Nash the best point guard in his prime?
Yes respectively, he set his teammates up and scored at will. He was the best point guard in his prime.
How far is Los Angeles from prime meridian?
Downtown Los Angeles is 118.25° west of the Prime Meridian. The distance from Los Angeles to the nearest point on the Prime Meridian is 3,866 miles. (The nearest point on the Prime Meridian is the north Pole.)
What is the starting point for longitude?
The prime meridian
Where is the measuring point for longitude?
The Prime Meridian.
What is prime expense?
Prime Cost(Expenses) = Direct Material + Direct Labour
Where can you find Metroid prime?
In the Impact Crater on Tallon IV. He is the final boss.
