Some officials will want multiple cuts, a second group will only commit to one move and still others will object to any cuts at all, said Stephen Stanley, chief US economist at Santander US Capital Markets LLC.
At a divided Federal Reserve, policymakers pushing for lower interest rates look close to getting their way after Chair Jerome Powell on Friday opened the door to a cut in September.
The debate over what happens after that is likely to begin even before the Federal Open Market Committee meets Sept 16-17 in Washington. And there’s no guarantee that more cuts will follow any time soon.
