Fed rate cuts may boost short-term market sentiment in risky assets

According to ChainCatcher, Richard Flax, chief investment officer of European digital wealth management company Moneyfarm, said that the Fed's interest rate cut could boost short-term market sentiment in risky assets, and stocks are expected to benefit. He pointed out that for U.S. households and businesses, the rate cut will bring moderate relief, but the broader policy signal is to remain cautious rather than turn to rapid easing.