A basis point (BPS) is a way to show changes in interest rates or yields. One basis point equals one-hundredth of a percentage point, making it a precise way to discuss even very small rate… | Dian Schoeman
1:37
A basis point (BPS) is a way to show changes in interest rates or yields. One basis point equals one-hundredth of a percentage point, making it a precise way to discuss even very small rate… | Dian Schoeman
2 weeks ago
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The Federal Reserve announced Wednesday a quarter percentage point, or 25 basis point, cut to its overnight lending rate, bringing the targeted range to between 3.5% and 3.75%. Find more: cnb.cx/4oNCWTA | CNBC
0:21
The Federal Reserve announced Wednesday a quarter percentage point, or 25 basis point, cut to its overnight lending rate, bringing the targeted range to between 3.5% and 3.75%. Find more: cnb.cx/4oNCWTA | CNBC
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