one other member argued that, although the growth path was judged to have been adjusted slightly downward in comparison with the october the fourth quarter of 2015, and to downward adjustments to the rates of growth of the world economy and global trade, and the price path was judged to have been adjusted substantially downward, as a further decline in international oil prices of late had acted as a downward pressure, these downward adjustments to the paths of growth and prices were mainly attributable to unforeseen changes in external factors, and the base rate’s current level still seemed accommodative, even in light of the downwardly adjusted outlook.