Possible interest rate cuts

It looks like interest rates are coming down again. That is a good thing for people looking to buy a home but it is a bad thing for people with money in bank accounts. I may take another $500 and put it in a 6 month CD just to lock up a better interest rate. It is not a lot of money but it is something and because I feel I have so little I want to earn as much as I can on what I have. Last month when the federal reserve cut interest rates by .5%, my ING Direct savings account interest was decreased by .2% to 4.3%. I was able to start a 6 month CD with $1,500 and lock it in at 5.15%.