Why does fed move FF rate in multiples of 25bps?

current rate is 0-.25%

why not allow for flexibility to move the rate.. 10bps

if the rate was moved to 0-.125%, could provide some juice for the longs here

a tightening to .35% would not be so harsh relative to .50%, correct? i am thinking in terms of elasticity and percent change.

 

`Cuz 25 is the highest number they can count to.

 

Hahahahahahahahahahahahahaha.....picks himself up off floor, so true!

 

they dont want the banks to lose their money

oh ,wait, they already did

 

I think the .25 is a range.

 

They don't need another mechanism to achieve flexibility, as they already have the FF effective that can deviate from FF target that moves in 25bps increments.