quarter-point Meaning in Cambridge Business English Dictionary
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Meaning of "quarter-point" - Business English Dictionary

quarter-point

noun [C]
 
 
FINANCE, ECONOMICS, BANKING a quarter of one percent: A $10 rise in the price of a barrel of oil reduces growth by about a quarter-point. The City expects the Bank of England to announce a quarter-point rate cut today.
(Definition of quarter-point from the Cambridge Business English Dictionary © Cambridge University Press)
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