The only entity that can make the effect of interest rate cuts resemble that of interest rate hikes is the Federal Reserve. Initially, a cut of twenty-five basis points was expected, but the result was a complete collapse. The Dow Jones fell by 2.58 points, marking ten consecutive days of decline, which hasn't happened in fifty years. The S&P 500 dropped by three points, and the NASDAQ fell by 3.56 points, while Tesla lost over 96 billion in just one day. This was supposed to be a rate cut, yet the dollar index actually surged. Meanwhile, the situation for others was grim; gold and major commodities all fell, and the offshore RMB reached 7.32. This is all because of the comments from Fed Chair Powell, who indicated that the pace of rate cuts will slow down over the next three years. Previously, everyone believed there would be four rate cuts next year, totaling one hundred basis points. Now it seems there might only be two cuts, totaling fifty basis points. This has left everyone stunned. Originally, the expectation was that with the Fed finally cutting rates, the pressure on the entire economy would significantly ease, leading to a wave of liquidity. This would allow assets in various countries to see substantial gains, but unexpectedly, halfway through, the plan changed.