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Also found in: Dictionary/thesaurus, Financial, Acronyms, Wikipedia, Hutchinson | 0.02 sec. |
bps(Bits Per Second) The measurement of the speed of data transfer in a communications system. bps (communications)
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Twelve years ago, the Fed hiked interest rates by 300 basis points, or 3 percent, in just one year. The Federal Open Market Committee decided on September 20, 2005, to raise its target for the federal funds rate 25 basis points, to 3 3/4 percent. 75% to 3% at its May 3 meeting, the latest in a succession of consecutive 25 basis point increases that began nearly a year ago. |
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