[Illustration: How did the stock, bond, and foreign exchange markets perform after the Federal Reserve cut interest rates in history?] As the Federal Reserve once again stands at a "crossroads" of major monetary policy shifts, historically, what impact will the Fed's interest rate cuts have on the trends of the stock market, bond market, and foreign exchange market? Multiple historical statistics show that after the Federal Reserve officially initiates its interest rate cut cycle, the performance of the US dollar, US bonds, and the US dollar may mainly depend on one factor: the health of the US economy.