Tipster Topic Description
Number: 056
Domain: International Finance
Topic: Prime (Lending) Rate Moves, Predictions
Description:
Document will include a prediction about the prime lending rate, or will
report an actual prime rate move.
Summary:
Document will include a prediction about the prime lending rate, or will
report an actual prime rate move.
Narrative:
A relevant document will include a prediction about the prime lending rate
(national-level or major banks'), or will report a prime rate move by major
banks, in response to or in anticipation of a federal/national-level action,
such as a cut in the discount rate.
Concept(s):
1. prime lending rate, prime rate, base rate, reference rate, minimum lending
rate, bank rate, weekly bank rate
2. Federal Reserve Board, Bank of Canada, major commercial banks
3. foresee, expect, predict, speculate
4. move, increase, decrease, rise, decline, boost, cut
Factor(s):
Definition(s):