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.
Historical prime lending rates. This chart shows the prime rate over time, starting in 1935. The prime rate has moved massively over time, ranging from historic highs around 23% in the early 1980s, to historic lows of 2.25% following the great recession.