(Oct 22): Four US Federal Reserve (Fed) policymakers on Monday expressed support for further interest-rate cuts, but appeared to differ on how fast or far they believe any cuts should go.

Three of them, citing the strength of the economy and an uncertain outlook, expressed a preference for going slow, using words like “modest” and “gradual” to describe their views on the right pace of rate cuts.

The fourth, San Francisco Fed president Mary Daly, said she feels Fed policy is “very tight” and does not believe that a strong economy, as long as inflation continues to fall, should keep the central bank from continuing to reduce rates.

The remarks provide a small taste of what’s expected to be a broad but closed-door debate of the appropriate path for policy at the Fed’s upcoming policy meeting on Nov 6 to 7.

After Friday, US central bankers will observe a communications blackout — abstaining from any public comments on their monetary policy views — until the Fed announces its policy decision at the close of the two-day meeting on Nov 7.