As the economy worsens, future rate cuts are expected to be deeper. Interest rates are forecast to drop from 5.25% to 3%, which historically speaking will only go lower.

Things to do:

1. Immediately lock in assets with high interest rates, and the longer the term, the better. (I made several 1-year large deposits before the meeting)

2. Hold multiple currencies. Therefore, holding the U.S. dollar, euro, Japanese yen, Canadian dollar and other currencies at the same time can help maintain purchasing power.

3. Or consider buying U.S. bonds/long-term bonds (such as TLT or ZROZ) or short-term corporate bonds of large companies (you must check the company's cash flow first). Mainly pursuing price increases during periods of falling interest rates, which may result in 20-40% gains. Unless the economy improves, TLT will not be able to generate very good income. When interest rates are at their lowest, it can be a good time to get into stocks and borrow money.