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    #1

    between .25 percent and zero

    Dear all,

    How should I understand the underlined?
    Is it 0.25 percent or anything else?

    Thanks in advance.

    The Fed can also lower the federal funds rate (the rate banks charge each other for short-term loans), which means that they can then charge lower interest rates on loans they make to their customers. In the recession that began in late 2007, for example, the Fed cut the federal funds rate nine times in 15 months. It dropped from 4.75 percent to between .25 percent and zero, the lowest in its history.

  1. Barb_D's Avatar
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    #2

    Re: between .25 percent and zero

    Yes, 0.25 percent.
    I'm not a teacher, but I write for a living. Please don't ask me about 2nd conditionals, but I'm a safe bet for what reads well in (American) English.

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    #3

    Re: between .25 percent and zero

    It's very rare to encounter .25 percent as the decimal point might easily be overlooked, with potentially disastrous consequencies.

    Anybody having to write this should always precede it with a zero.

    Rover

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    #4

    Re: between .25 percent and zero

    How about percent; quarter percent or point two-five percent?

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    #5

    not a teacher

    How about percent; quarter percent or point two-five percent?
    I'd go with 0.25%, b/c it's easily understood and saves keystrokes.

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    #6

    Re: not a teacher

    What's b/c?

    Oh, I get it: I think you mean because.


    Rover

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    #7

    Re: between .25 percent and zero

    I'd never advocate one form over the other simply for the sake of saving a few keystrokes, but the first part of what you said -- it's easily understood -- is the key.

    What tells you most quickly what you mean: one-quarter, one-fourth, 0.25. Especially when it's in text with other numerals?
    I'm not a teacher, but I write for a living. Please don't ask me about 2nd conditionals, but I'm a safe bet for what reads well in (American) English.

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