If you were plateauing at 1700 calories/day, and over the past two weeks you've gradually decreased to ended up at 1550 cal/day, you've probably totaled around a 1050-1100 calorie deficit over the two weeks (assuming "gradually" means you decreased by around 10 calories per day), not including any increase in "calories out" from increased activity levels. It takes, roughly, a 3500 calorie deficit to lose a pound of fat. So, you're just not there yet.
If you want to see faster progress, you'll need to drop more calories. Not drastically more, but some more. Baby steps, baby progress.
The laws of thermodynamics suck, but they are what they are!
Kim
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