between .25 percent and zero

[Eartha]

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.

 

[Barb_D]

Yes, 0.25 percent.

 

[Rover_KE]

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

 

[Buddhaheart]

How about ¼ percent; quarter percent or point two-five percent?

 

[Vidor]

not a teacher

How about ¼ percent; quarter percent or point two-five percent?

I'd go with 0.25%, b/c it's easily understood and saves keystrokes.

 

[Rover_KE]

Re: not a teacher

What's b/c?

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


Rover

 

[Barb_D]

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?