They went ahead and did it. The Fed did end up lowering the rate by 1/4 of a point. I have not noticed if my ING rate has been lowered yet though.
I suspect it either has been or will be. They have beeb pretty quick in the past to lower it. And I saw that the markets took a tumble. But I was too scared to log into my e*trade account to check out the damages. Maybe I won't check it till the end of the month. You know, give it some time to right itself.