When this is the case, one half point was awarded if the plural value in the inference vector matched one of the two validation choices, to signify that one of the two equally likely candidates was chosen.
The lower half of the team, which included Severiano Ballesteros, Jose-Maria Olazabal, Bernhard Langer and Nick Faldo, provided one half-point between them on Sunday.
For example, Mr. Moskowitz said, if at a given time a lender is willing to pay a broker one point -- or 1percentt of the loan amount -- for negotiating a mortgage at, say, 4.875percentthathat same lender will pay the broker one-and-one-half points for arranging a loan at 5percentt, or one-half a point for a loan at 4.75percentt.
The central bank also raised rates on bank savings accounts by one-half point, to 4 percent.
The United States was in the midst of a historic comeback – as were the Euros on Sunday – and needed only one-half point to win the cup.
Based on the action in the futures markets, bond investors expect the Federal Reserve policy makers to cut rates one-half point more when they meet on Oct. 2. Looking further out, these investors see short-term rates falling to 2percentt by the end of the year.
It will take more than a one-half point cut to reduce these companies' borrowing costs.
They expect the Fed to raise rates by at least one-half point by April.
That spread is somewhat unusual in the current market, where most refinancings now range from one-half point to one and a half points.
Among investors, the big uncertainty was whether Ben S. Bernanke, the Fed chairman, would persuade his colleagues to cut rates by one-half point or just one-quarter.
