Features. As pine tree needles decompose, they return acid to the soil. Over time, this acid can cause the pH rating to drop. Because of this, pine needle mulch is a good mulch to add around plants that like acidic soil such as pine trees as well as blueberries or azaleas.
The Current U.S. (Fed) Prime Rate is: 4.00%. March 15, 2017: The FOMC has voted to raise the. target range for the fed funds rate to 0.75% - 1.00%. Therefore, the United States Prime Rate is now 4.00%, effective tomorrow (March 16, 2017.) The next FOMC meeting and decision on short-term rates.
Therefore, the United States Prime Rate remains at 4.50%. The next FOMC meeting and decision on short-term interest rates will be on March 21, 2018. Prime Rate Definition. The U.S. Prime Rate is a commonly used, short-term interest rate in the banking system of the United States.