shadow

Chase Manhattan lowers prime 2nd time in a week

Chase Manhattan Bank lowered its prime rate to 18 1/2 percent Thursday, from 19 percent -- the second half-point cut this week the nation's third largest bank has made in the benchmark rate for business loans.

of 5 stories this month > Get unlimited stories
You've read 5 of 5 free stories

Only $1 for your first month.

Get unlimited Monitor journalism.