at least of quarter-point is expected, but it doesn't matter, MM will give you any reson for their pre-determined movement, either up or down.
http://www.msnbc.msn.com/id/21517869/ The Federal Reserve is likely to cut interest rates by a quarter-point to 4.5 per cent when its two-day policy meeting concludes on Wednesday. But the debate among Fed policymakers will be more finely balanced than is suggested by the odds in the futures market - in which a rate cut is seen as a virtual certainty.