Truist lowers prime lending rate in tandem with Fed's rate cut

investing.com • 18/09/2024 - 19:19 PM

Truist Financial Lowers Prime Lending Rates

(Reuters) – Truist Financial (NYSE:TFC) announced on Wednesday that it has reduced its prime lending rates by 50 basis points to 8%, effective Thursday. This adjustment aligns with the U.S. Federal Reserve’s recent rate cut.

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Truist lowers prime lending rate in tandem with Fed's rate cut

Truist Financial Lowers Prime Lending Rates

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