The Fed's actions this time are somewhat baffling. On the surface, it conducted a rate cut, but it unexpectedly triggered a big dump in the market. Originally, everyone thought that a rate cut was a good thing, but it resulted in a big dump in the U.S. stock market and the global market suffered as a result. The problem is that the attitude behind this rate cut is completely different from the market's expectation of a 'relaxation' signal. On the contrary, the Fed's stance is as firm as a rock, and its tone is as cold as ice, revealing a strong sense of 'I don't want to cut rates, but I'm forced to do so.' What exactly happened? 【Timeline of Events】 Let's start with the Fed's rate cut. On a certain day in 2024, the Fed announced a rate cut. In theory, a rate cut is meant to stimulate the economy and inject confidence into the market. However, the result of this rate cut dumbfounded everyone. The U.S. stock market experienced a big dump, and the global market was also caught in a storm. Everyone couldn't help but ask, 'Isn't a rate cut a good thing? Why did it lead to a big dump in the market?' In fact, this rate cut had the 'tragedy' foreshadowed from the beginning. It was not something the Fed willingly did, but rather something it was 'forced' to do by the market. The market had been pressuring the Fed to take action, and almost everyone was betting that it would cut rates, with a probability as high as 97%. If the Fed didn't act, it would be like declaring war on the market. Therefore, it had no choice but to announce a rate cut in line with market expectations. However, the problem lies in the fact that this 'forced' rate cut is clearly not accompanied by a softened attitude and position.