If the FED thinks inflation is still a concern, they should not lower the rate. And I don’t think they should lower the rate. Lowering the rate may cool down the market temporarily, but the dollar hurts, inflation goes up. More damaging effects than expected. Besides, they have to raise the rate later again and that will cause psychological turmoil in Wall Street again. Lowering the rate is not an option. It is just some loser like Cramer who is yelling to keep the rate low in order to save his ass.
