re: Why would the Fed lower the interest rate today?

Ya, man. I love it. Lower rates so we can fund and monetize trillions of dollars of debt and so Congress never has to be held accountable for a balanced budget and the size of government can grow perpetually. Genius take. The Fed has the governments back, not ours. They are going to drive inflation through the roof, and easily within two years we will be back in another round of QE.