The Federal Reserve has already cut interest rates eight times this year and is expected to do so again next week.

Still, investors continued to believe that the Federal Reserve would cut rates at its next meeting.

"Under these circumstances, the Federal Reserve should cut interest rates again" this month, he said.

And many analysts expect that the Federal Reserve will quickly cut interest rates again.

The Federal Reserve cut its benchmark interest rate four times in the months after the attacks.

The Federal Reserve has cut interest rates twice so far this year.

Today's report seemed to have little effect on expectations of whether the Federal Reserve would cut short-term interest rates again.

Moreover, few expect the Federal Reserve to cut interest rates again anytime soon.

Minutes later, the Federal Reserve cut a key interest rate, and the markets moved accordingly.

The Federal Reserve has already cut interest rates seven times this year.