Group 1 - The Federal Reserve announced a 25 basis point rate cut, adjusting the policy rate to 4.0–4.25%, with indications of potential further easing in the future [1] - Market strategist Zhao Yaoting noted that Powell's comments were somewhat "hawkish," as he did not explicitly commit to reaching a neutral rate, describing the current policy stance as "closer to neutral" [1] - Zhao expects the Federal Reserve to implement two more rate cuts of 25 basis points each by the end of the year, followed by another cut early next year [1] Group 2 - U.S. stock index futures rose in early Asian trading, reflecting a positive market reaction to the rate cut, while U.S. Treasury bonds fell, indicating some disappointment among market participants regarding the Fed's stance [1] - Historically, U.S. stocks tend to perform strongly in the 12-18 months following the start of a Fed easing cycle, provided the economy does not enter a recession [1] - Emerging market stocks are currently valued one-third lower than developed markets, presenting good investment opportunities according to Invesco [1] Group 3 - In the new round of Fed easing, investors are advised to maintain a diversified portfolio and selectively increase allocations to emerging market stocks and local currency bonds [2] - In a declining interest rate environment, real estate is expected to outperform the broader market [2]