There is a risk of further cuts if we have a prolonged period of slow growth, or lower oil and gas prices. (moneysense.ca)
It takes a collapse in liquidity to create a crisis, and if insolvent borrowers remain liquid, we are likely instead to see a long, difficult period of slow growth in which the losses are painfully ground out of the system (and always turn out to be greater than they would have been had they been recognized immediately). (carnegieendowment.org)
The current period of slow growth has produced a school of thought that says America's best days are behind it. (fortune.com)