Day September 7, 2026

Budget, Credit Cards

Prime Rate Hits 270 Days at 6.75% as Traders Price a September Fed Hike

The neoclassical limestone facade of the Federal Reserve Marriner S. Eccles Building in Washington photographed at early morning with tall fluted columns deep window recesses raking dawn light across the stone long cool shadows falling on the empty plaza a bare flagpole and low trimmed hedges in the foreground beneath a pale overcast sky

The U.S. prime rate has held at 6.75% for 270 days. After August payrolls rose 162,000, futures price roughly even odds of a hike on September 16.

Shelly Warding
September 7, 2026