Reducing Interest Rates?

News today are that Wall Street's specialists and economists and experts are saying that Barnake is too soft in facing the slow-down in the economy and increase in unemployment, and want the Fed to reduce interest rates further. They expect that by the end of 2008 the interest rates determined by the Fed should be 3%... The interesting part of the news is that one factor is totally omitted - that the inflation rate is going up. Less interest rates would boost the stock market but will also allow more financing, more consumption and real estate buying based on credit and the inflation will go further up. Isn't that what Greesnpan did and isn't that one of the reasons for the present poor economy? Bernake should not lower interest further or maybe only slightly but keeping a sharp eye on the inflation. If inflation goes up, and it will go up anyway due to the price of energy (mainly oil) and the weak dollar, it will hamper the net income of the 90% majority of the families in the USA that earn less than $40000-$60000/year and therefore will buy less and consequently the economy will continue being week. There is no strong and healthy economy with inflation - the worst evil in a society. Bernake shall not succumbe to the influence of wallstreeters who are not subject to reduce their way of living due to lower income caused by inflation and shall think in the health of the economy - specially with low inflation.