I’d like to see a standard set of phrases around interest rate movements, for example reserve the word “slashed” for a reduction of >5%, “significant cut” for 3% - 5%, “cut” = 3% - 1%, and “tweak” for adjustments < 1%.
I bet journalists would prefer “massively decimated” for rate reductions of 0.0001 %
@zero_gravitas
I’d like to see a standard set of phrases around interest rate movements, for example reserve the word “slashed” for a reduction of >5%, “significant cut” for 3% - 5%, “cut” = 3% - 1%, and “tweak” for adjustments < 1%.
I bet journalists would prefer “massively decimated” for rate reductions of 0.0001 %
#ausfin #ausfinance