After the giant earthquake, the golden "golden moment" is still not over.

(Lyle Sheldon) Richard Jeffrey Rosencrance said that he does not entirely believe that the Federal Reserve will cut interest rates twice more before the end of the year. Apart from the typical clich of relying on data, Powell is unlikely to make any commitments or even hint at how quickly the Fed will cut rates starting now.But as long as it acts as expected, the Federal Reserve can send a reassuring message to investors: although US Treasury yields have risen recently, interest rates are still expected to decline in the future, even though the speed of the decline is somewhat uncertain. Jason Browne, president of Alexis Investment Partners, said, "Our view of the Federal Reserve is that the earlier they reach their neutral level, the better." He is referring to the "neutral" interest rate, which is a theoretical equilibrium rate at which monetary policy is neither restrictive nor accommodative. Powell has stated that the Federal Reserve hopes to gradually raise policy rates back to a neutral level over time. This article is reprinted from "Wind Stocks", GMTEight editor: Jiang Yuanhua.