My gut feeling, and please rememeber I'm an engineer, noit a financial whiz, is that rates will come down again, but exactly when and by how much is anyone's guess.
The economy is slowing quite dramatically now, and if old GB(H) doesn't want to overdo things, he needs to inject some cash back into the economy, hence MY belief they will drop again.
Ultimately I don't see more than half a percent in the next year though.
