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.
Current prime rate The latest prime rate as of August 12, 2016, is 3.5 percent, according to the Board of Governors of the Federal Reserve System. The Federal Open Market Committee (FOMC) had kept the federal funds rate at a target range of 0-0.25 percent for several years, effectively setting the U.S. prime rate at an average monthly rate of 3.25 percent between January 2009 and November 2015.