RE: Fed funds rate cut !!! Gold to explode !Techinfo. Just to be clear. It was not the Fed funds rate cut but the Fed discount rate cut (rate at which they loan money to the banks). Regardless good for the markets ( at leat for the next little bit). Interesting though "Goldman" is predicting a Fed rate cut of .75 by Dec. This would be a great day for some results given all that has occured and all that is about to occur.