Overview of institutions' comments on the Fed rate cut.

1. KPMG: The Fed's continuation of current policies until next year may lead to excessive stimulation. 2. Mitsubishi UFJ Financial Group: This Fed decision is the most dovish statement the Fed can make, and they have added another rate cut to their dot plot expectations for this year. However, it feels like the Fed has not entered a rate-cutting sprint mode, they have only restarted the rate-cutting process because they acknowledge that the job market is not as strong as they expected. 3. "New Bond King" Gundlach: The 25 basis point rate cut by the Fed is the right move, the biggest opportunity to watch is the trend of a weaker US dollar. 4. Institutions: The Fed expects that the economy may continue to have a soft landing, which is very favorable for the credit market. 5. Fitch Ratings: The Fed is now fully supporting the labor market, clearly signaling that it will enter a decisive and aggressive rate cutting cycle by 2025. The message is very clear: growth and employment are top priorities, even if it means tolerating higher short-term inflation.