I agree way too soon, just creates more panic on top of already paniced environment. People are already going crazy wanting TP that is sold out all over.
Perhaps it's due to them being slow to cut rates back when analysts thought they should have done it sooner, so now they're just overreacting.
If rates on saving drop, then it makes having them or moving more Money into them almost moot. Rates have already been on a slow decline since end of last summer.