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> It's 200 basis points This hurts the head only slightly less. Once a basis point figure contains two trailing zeros, it's time to switch to the percentage po
by randomdata 4y ago
> It's 200 basis points
This hurts the head only slightly less. Once a basis point figure contains two trailing zeros, it's time to switch to the percentage point (pp).
- CoffeeOnWrite 4y agoNeat, thanks for sharing, this was new to me. But easily corroborated, eg https://www.cnbc.com/2022/06/15/powell-says-the-fed-could-hike-rates-by-0point75-percentage-point-again-in-july.html https://www.cnbc.com/2022/06/15/powell-says-the-fed-could-hi... (get it together CNBC, heh!)