Are todays interests rates higher or lower than they were 3 years ago??

Question

Current US interest rates

Visit the Federal Reserve's web site at http://www.federalreserve.gov

and select "Economic Research and Data," then "Statistics: Releases

and Historical Data," next select "Interest Rates (weekly)," and "Historical

Data" to find the most recent values for the following interest rates (under

Frequency select Business Day or Monthly) :

Federal Funds Rate

Discount Rate

Bank Prime Interest Rate

Are these rates higher or lower than they were three years ago?

Have they increased, decreased, or remained constant over the

past year?

Answer 1

Higher - Bank Prime was 8%