61. Bush is expected to call for new plans to extend Medicare benefits to include prescription drugs and to seek further tax cuts. 62. Bundesbank council member Franz-Joseph Zeitler said slower money supply growth and government action to cut deficits mean that further cuts in German interest rates are possible. 63. But because spending increases are a foregone conclusion, and further tax cuts remain a possibility, those surpluses are all but certain to disappear. 64. But British business, which has blamed high interest rates and a strong pound for a deep slump in manufacturing and exports, generally pressed for further cuts. 65. But it added that the positive signs were tentative, and it left the door open to further rate cuts in the new year. 66. But he left little doubt that the Fed will have to consider further rate cuts in coming weeks and months. 67. But neither do mortgage analysts and economists summarily discount the likelihood that further Federal Reserve rate cuts may cause mortgage rates to go even lower. 68. But several council members said they would oppose any further cuts in the number of fishing days allowed beyond those already planned. 69. But that depends on further cuts in the cost of the batteries. 70. But that is still low enough to justify a further cut in mortgages, Gumbinger said. |