Speculation:

NEW YORK, March 10 (Reuters) - An emergency interest rate cut by the Federal Reserve is possible ahead of its next scheduled monetary policy meeting on March 18, according to a Goldman Sachs research note on Monday.

Goldman said its view on Fed policy changed on Friday.

…

In its Friday and Monday research notes, Goldman said the Fed would drop the benchmark federal funds target rate to 2 percent by late April from the current 3 percent, most likely in two 50 basis-point steps at the next two meetings.

“We cannot rule out an intermeeting rate cut today,” the Monday note said. [link]

Would an intermeeting cut lift markets, as usual, or would traders just take it as a sign that the Fed is as concerned as ever, and sell? Things are quiet in the markets this morning, maybe everyone is sitting on their hands for a bit.