basis point
nounDefinition of basis point
: one hundredth of one percent (as in the yield of an investment)
Examples of basis point in a Sentence
Recent Examples on the Web
In a tweet, Trump also called for the Fed to reduce interest rates by at least 100 basis points, marking an escalation of his demands on the central bank. — Damian Paletta, Anchorage Daily News, "White House officials eye payroll tax cut in effort to reverse weakening economy," 20 Aug. 2019 The Fed Rate, over a fairly short period of time, should be reduced by at least 100 basis points, with perhaps some quantitative easing as well. — Kathryn Watson, CBS News, "Pence insists economy is strong, blaming media for "irresponsible rhetoric"," 19 Aug. 2019 Vacancy in Dallas rose 30 basis points to 16.2 percent, while Atlanta has a slight uptick to 14.2 percent. — Katherine Feser, Houston Chronicle, "Houston among cities with highest office vacancy," 8 Aug. 2019 Quite the contrary: Bond traders are now expecting the fed funds rate to fall almost 50 basis points by the end of October. — Brian Chappattabloomberg, Los Angeles Times, "Commentary: Money-market funds won’t keep you safe from negative yields," 7 Aug. 2019 This position was reinforced by the fact that two of the 10 committee members voted to keep rates and qualitative tightening unchanged, and none voted to slash by 50 basis points. — Gwynn Guilford, Quartz, "With today’s rate cut, the Fed is jeopardizing its credibility," 31 July 2019 But the signs of robust consumer spending, together with a strong labor market, further diminish expectations of a 50 basis point rate cut and could raise doubts about further monetary policy easing this year. — NBC News, "Economic growth slows less than expected in second quarter," 26 July 2019 Britain's 10-year yield dipped four basis points to 0.512%. — Bloomberg Wire, Dallas News, "Stock markets see biggest drop of the year as China escalates trade war with U.S.," 5 Aug. 2019 Hopes that the Federal Reserve will cut rates by at least 25 basis points at its policy meeting at the end of this month have powered a solid run in stocks this month, helping Wall Street scale record levels. — NBC News, "Wall Street nears record high on upbeat earnings, GDP data," 26 July 2019These example sentences are selected automatically from various online news sources to reflect current usage of the word 'basis point.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
Keep scrolling for more
Keep scrolling for more