Example:
"The Federal Open Market Committee unanimously voted to increase the federal funds rate by 25 basis points to 1.75% to 2%" https://www.housingwire.com/articles/43672-fed-raises-rates-for-second-time-in-2018
March 29, 2019
Basis Points
1 basis point = 1/100 of a percentage. Used mainly in Finance like changes in interest rate.
Example:
Example:
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