The turning point of the Federal Reserve's interest rate hike has landed, and the interpretation of public funds has come. The overall stance of this interest rate meeting is biased towards doves. Some fund companies have expressed their views on the reasons for the Federal Reserve's easing of its stance, the probability and pace of future interest rate cuts, the impact on assets such as US stocks and A-shares, and market concerns such as investor operational advice. In the eyes of public institutions, the attitude of the Federal Reserve is biased, and the interest rate hike has basically come to an end. In the short term, it is expected that the US dollar index and US bond rates will be weak and volatile, and US stocks may continue to rise. With the trend of US bond interest rates falling, it is favorable for A-shares.