minus-squareDRStamm@lemmy.worldtoNews@lemmy.world•Fed expected to cut rates, update views of Trump economic plan with new projectionslinkfedilinkarrow-up8·3 days agoBecause “percentages” (relative change) and “percentage points” (change in measured units) are different. If you’re going from 4.50% to 4.25%, that’s a reduction of 0.25 percentage points (4.50 - 4.25), but also of about 5.6 percent (0.25 / 4.50). linkfedilink
Because “percentages” (relative change) and “percentage points” (change in measured units) are different.
If you’re going from 4.50% to 4.25%, that’s a reduction of 0.25 percentage points (4.50 - 4.25), but also of about 5.6 percent (0.25 / 4.50).