Its most recent cut, announced July 2, brought the basic wholesale price to $24 a line, he said.
Guaranteed income bonds from insurance companies are one answer and it's still possible to get a good return despite recent cuts.
How do you feel about recent cuts to spending for national defense needs?
He cites recent cuts in pay and benefits as the main reasons his colleagues have turned hostile.
So before the Fed's most recent cut, spreads had narrowed to around 1.3 percentage points.
After its most recent cut, it said that inflation was likely to decline from its already low level.
They're too busy worrying about your recent cuts in service.
In other words: recent cuts in interest rates just might be working to create a rebound.
He was critical of recent cuts in economic and military assistance to those countries.
It's still not clear that the recent cuts translate to significant savings.