If a bank needs some quick cash, it can always borrow it from a bank down the road for that prime lending rate.
如果一家银行需要尽快获得一笔流动资金,他总是能够以基本放款利率从另一家银行借到这笔钱。
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Major Banks including bank of America, Wachovia and Wells Fargo soon followed with cuts in their prime rate. This is what Banks charge their best customers.