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RBA Glossary definition for basis point
basis point – A basis point is 1/100th of 1 per cent or 0.01 per cent, so 100 basis points (bps) is equal to 1 percentage point. The term is used in money and securities markets to define differences in interest or yield. If an interest rate were to increase from 2 per cent to 3 per cent, it is said to have risen by 100 basis points (bps) or one percentage point.
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Data
1 Aug 2021
RDP
2021-09
Each unemployment rate ‘bin’ is 10 basis points wide (e.g. all unemployment rates 5 per cent but <5.1 per cent constitute a single bin), and for each of these ... Notes: Grouped to nearest 0.1 percentage point by unemployment rate; the size of each
https://www.rba.gov.au/publications/rdp/2021/2021-09/data.html
Is the Phillips Curve Still a Curve? Evidence from the Regions
31 Aug 2021
RDP
2021-09
58, that is, a 1 percentage point change in the unemployment rate from its current level would lead to a 0.51 percentage points change in inflation. ... Each unemployment rate ‘bin’ is 10 basis points wide (e.g. all unemployment rates 5 per cent but
https://www.rba.gov.au/publications/rdp/2021/2021-09/full.html