Reference point: I don't think the Fed can go on lowering interest rates forever. I don't think interest rates of zero or negative numbers are likely. There is a floor value, which maybe will get tested this time around. Personally I suspect we are near that floor.

Most of us believe the economy is fundamentally sound. The major inflation factors, ie high energy costs, seem to be coming under control. Weak dollar will be a factor. Jump starting the economy when the rest of the world seems to be in recession will be a bit more difficult.

Major investors with millions to invest, probably want to know where interest rates are going to the penny. Most individual investors can be happy knowing within a percent or so.

I think there is every reason to believe interest rates will be approximately stable for the next two to three years--unless the unexpected happens like for example war in the Mideasts. As always there is uncertainty, but it is nothing like the stock market.