Analyst: It is too late for the Federal Reserve to cut interest rates no matter how much

Ariel Bezalel, co-manager of the Jupiter Strategic Bond Fund, commented that the current US Treasury market strongly demands a significant rate cut by the Federal Reserve, as the spread between the federal funds rate and the two-year yield is the largest in 45 years, except for 2007-2008. He stated, "There is a risk at the moment: if the Federal Reserve does not act quickly, they may turn a soft landing into a hard landing." Bezalel believes that at Wednesday's meeting, there will be a "clear difference" within the Federal Reserve on the extent of the rate cut. However, whether they cut rates by 50 basis points or 25 basis points, it seems they have missed the point: the Federal Reserve should have cut rates as early as July