Traditionally,the lowest interest rates were made available to the bank's most creditworthy commercial customers.This rate has been called ________.

Question

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The lowest interest rate made available to a bank's most creditworthy commercial customers is called the prime rate. The discount rate is the interest rate at which banks can borrow money from the Federal Reserve, the Fed Fund's rate is the interest rate at which banks lend each other money overnight, and the Morgan rate is not a commonly used term in finance.

Traditionally,the Lowest Interest Rates Were Made Available to the Bank's