Group 1 - The announcement of potential interest rate cuts by the US in July signals a new phase in the currency battle between the US and China, indicating a profound restructuring of the global economic landscape [1][3] - The Federal Reserve's decision to cut rates is primarily aimed at stimulating economic growth amidst high inflation and uncertainty in the job market, while also compensating for the fiscal stimulus already consumed by previous policies [3][5] - China's response to US rate cuts may involve maintaining liquidity through quantitative easing rather than immediate rate adjustments, as it prepares for the fallout from its real estate market bubble [5][6] Group 2 - The ongoing monetary policy adjustments between the US and China could significantly influence global capital flows and international investment patterns, affecting economic growth rates in both countries [6][8] - Other major economies, such as the Eurozone and Japan, may also need to adjust their policies in response to the spillover effects of US rate cuts, potentially leading to currency depreciation and capital outflows in emerging markets [8][10] - The potential for a prolonged period of low interest rates in the US could lead to asset bubbles globally, impacting resource allocation and wealth distribution, which in turn affects everyday life [10][12]