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    #1

    Post [Question-means] not matching the half-point

    Example.
    The major banks have come under fire for not matching the half-point Bank of Canada rate drop announced yesterday.

    Question.
    I don'w know well what the blue part means.

  1. Raymott's Avatar
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    #2

    Re: [Question-means] not matching the half-point

    Quote Originally Posted by KIMJONGEUN View Post
    Example.
    The major banks have come under fire for not matching the half-point Bank of Canada rate drop announced yesterday.

    Question.
    I don'w know well what the blue part means.
    The Bank of Canada lowered (dropped) their interest rate by half a point (eg. from 6.0 % to 5.5 %). The major banks didn't, that is, they didn't match (equal, follow) the Bank of Canada's drop.

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