quarter-point Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “quarter-point” in the English Dictionary

"quarter-point" in Business English

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quarter-pointnoun [C]

uk   us  
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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