FED is fed up....

The USA FED is fed up with the constant pressure of the market which has arm twisted them to cut rates.

Fed cuts rate to 3.5% in 1st emergency session since 2001: The Federal Reserve lowered its benchmark interest rate in an emergency move for the first time since 2001 by 75 basis points after stock markets tumbled from Hong Kong to London and the U.S. economy showed increasing signs that it's headed into a recession.