I agree with Monmick the the fed should cut by .25, the fed should really be doing more to support the dollar and curtail inflation. Long term its a better recipe. Its time the US became a saving economy rather than a consuming economy. This will put the world into a recession though and no one wants any pain right now.

I think they will cut rates by at least .75 as the banking sector wants this.

At least it will help my gold stocks.

By delaying dealing with this consumption economy they are putting off the problem to the next generation.

Its a me, me, me, me economy