Quote from MajorUrsa:
Why can't you just say: "I think the FED will cut" and give a reason for it, like we all do. Why do you insist to sound like a moron?
The reason is that the fed communicates with the banks and the banks are insisting on a cut. They have lots of writedowns still to be sorted. Also, the US economy is slowing due to housing and other issues and cutting rates helps boost the economy.