6 ms·
That’s exactly why
by shove 3y ago
That’s exactly why
- ginko 3y agoExactly why what? "0.25%" is a lot easier to understand. It's even fewer characters than "25 bps"
- nequo 3y agoBut it isn’t 0.25 percent. It’s 0.25 percentage points.[1] Writing 25 basis points is shorter than that. [1] https://en.wikipedia.org/wiki/Percentage_point https://en.wikipedia.org/wiki/Percentage_point
- bryanlarsen 3y agoIt's inaccurate. An 0.25% increase on 5% is 5.0125%.
- tmn 3y agoDo you see the ambiguity with saying it how you suggest now?