US Bank Lending Rate Holds at 6.75%
Brief · Published 2026-08-31 · Data period 2026-08-31
This brief was generated automatically from the published data; no human byline is attached. Read the methodology.
The US bank lending rate held at 6.75% in August 2026, unchanged from July. The rate has been at 6.75% for nine consecutive months since December 2025, after declining from a year-earlier level of 7.5%. The current rate stands more than three percentage points above the all-time low of 3.25% recorded in February 2022, and far below the record high of 21.5% set in December 1980, according to the Federal Reserve Bank of St. Louis.
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Source & methodology
Data source: Federal Reserve Bank of St. Louis.
Values are verified on ingest and republished only when the source revises. How we source and standardize data, including how to request an audit trail for any value.