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Economists are split over the benefits of further rate cuts.
"It would leave room for further rate cuts if needed.
President Trump will get his wish: no further rate cuts.
Analysts said, however, that further rate cuts appeared unlikely unless severe deflationary pressure emerged.
There is a respectable line of argument that further rate cuts may not help.
All that has inspired calls from industrialists and economists for further rate cuts.
Some observers said they saw room for further rate cuts — to as low as 2 percent.
But he left little doubt that the Fed would have to consider further rate cuts in coming weeks and months.
But other economists said the economy was healthy enough that there was no clear-cut case for further rate cuts.
"We expect a cut by 75 or 100 basis points in December and further rate cuts next year.
Economists said that the good inflation outlook will likely encourage the central bank to administer a few further rate cuts.
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CEO of Professional Science Editing for Scientists @ prosciediting.com