the Federal Reserve has adopted a series of interest rate hikes in response to rising inflationary pressures. As of July 26, 2024, the Fed's benchmark interest rate has reached 5.50%, the highest in recent years. According to the latest CPI data, inflation in United States is 3%, significantly lower than the high point of the same period last year. However, the market expects the Fed to start cutting interest rates in the coming months to stimulate economic growth