What is the wall street journal prime rate of interest
30 Jan 2019 The Wall Street Journal surveys 30 major banks and re-calibrates the rate Because of this frequency, the WSJ Prime Rate is one of the most What it means: The initials stand for The Wall Street Journal, which surveys large banks and publishes the consensus prime rate. The Journal surveys the 30 largest banks, and when three-quarters of them (23) change, the Journal changes its rate, effective on the day the Journal publishes the new rate.