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Demystifying Basis Points What You Need to Know
Jake Claver
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8 months ago
Confused about basis points? In this video, we break down what they are and why they matter. If you want to understand financial terms better, then this video is for you!
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🛠️
Lifestyle
Transcript
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00:00
30 basis points, 25 basis points, 50 basis points. What does that even mean? Well, it's actually a percentage.
00:06
So if they're talking about their raise rates, 50 basis points is half a percent.
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