What is the view of foreign institutions on the recent announcement of a 50 basis point interest rate cut by the Federal Reserve? The Federal Reserve announced at the Federal Open Market Committee (FOMC) meeting that it will lower its target range for the federal funds rate by 50 basis points to 4.75% -5.0%, marking the first rate cut since March 2020. The interpretation of interest rate cuts by institutions varies, but it is generally believed that the magnitude of the cuts exceeded expectations. Multiple foreign institutions have stated that this interest rate cut may reflect more of the Federal Reserve's complex balancing of inflation risks and the job market, rather than a signal to initiate a comprehensive easing cycle. In addition, the impact of interest rate cuts on the US and global fixed income markets, yield curves, and other aspects has also attracted widespread attention.