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To: 1Old Pro

Why are these rate hikes usually "25 basis points"? That sounds like a throwback to green eyeshades and comptometers. With computers and decimal expressions, why not 14, 19, or 22 basis points? Why isn't the tuning finer?


20 posted on 08/10/2004 11:36:10 AM PDT by RazzPutin (Walk fast and look mad. Nobody will bother you.)
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To: RazzPutin
Why isn't the tuning finer?

Yhey're not that good.

25 posted on 08/10/2004 11:43:04 AM PDT by 1Old Pro
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