What the Federal Reserve ends up doing with its benchmark interest rates at any of its eight annual meetings is often unpredictable.

But what can be predicted, it seems, is that any rate hike or cut will come in quarter-point increments: 25bps, 50bps, 75bps.

In a financial world driven so precisely by numbers that extend many places to the right of the decimal point, perhaps the Fed could be more precise with its policy announcements.

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