The Fed cut short-term rates last month for the third time this year
The move reduces the short-term rate to a range between 1.5% and 1.75%
Positive economic data should mean the Bank of Canada holds
Measure isn't intended to lower longer-term rates, Fed says
Firms in highest-risk categories must still adhere to stricter rules
Healthy debate is a strength of the Fed system, the Fed's vice chairman says
Powell was speaking at the University of Zurich on Friday
The proposal accounts for the different risks faced by insurers relative to banks
Fed chairman says trade wars have complicated the central bank's ability to set interest rates
The minutes did not indicate any consensus on the pace of future cuts