Sentence examples for a further rate cut from inspiring English sources
A further rate cut will result in catastrophically low levels of income from new annuities.
If so, the likelihood of a further rate cut next month has increased.
Though the Fed left its future options open, markets anticipated a further rate cut at its next meeting.
"The Fed is very worried about the economic outlook" said William Dudley, chief United States economist at Goldman , Sachs "because they are not precluding a further rate cut".
Moreover, he said, the bank fears that the yen will further appreciate, and it wants to hold a further rate cut in reserve.
Last week the Bank left base rates unchanged at 0.25%, though it hinted that a deterioration in economic conditions over the next six months could lead to a further rate cut.
Economists said that the good inflation outlook will likely encourage the central bank to administer a few further rate cuts.
Considering the market's recovery since its August lows, stock valuations have in fact become a barrier to further rate cuts because of the Fed's frequently expressed concerns about inflated assets.
But Mr. Meyer said it would be a mistake to rule out further rate cuts in an effort to preserve the flexibility to reduce rates should the economy not recover or encounter an unexpected shock like another terrorist attack.
ReprintsMr King's hawkish stance was backed a day later by the OECD which said there was "not a compelling case for further rate cuts".
