<p>美联储主席杰罗姆·鲍威尔在周三的九月会议上降息并不令人感到意外。在七月份，他明确暗示降息即将到来，降幅可能为四分之一个百分点。结果正是如此。决策机构还表示，在接下来的十月和十二月的会议上将再进行两次降息。</p>
<p>鲍威尔指出，经济中存在混合信号，这使得这一决定变得困难。通常情况下，美联储会在通胀回落之前保持高利率，而目前的通胀水平高于美联储的预期。尽管如此，曾经强劲的就业市场开始出现疲软，降低利率应该会刺激经济和就业机会。</p>
<p>一个更活跃的经济体，伴随着更多的就业和资金流动，对大多数企业来说都是好消息，而一些公司将更明显地感受到这种变化。<strong>Visa</strong>(V 1.19%)、<strong>SoFi Technologies</strong>(SOFI 4.98%) 和 <strong>Carnival</strong>(CCL -2.86%) (CUK -2.67%) 是三只应该会大幅受益的股票。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzQxNDQvMy13b21lbi1pbi1hLXNob3BwaW5nLW1hbGwuanBnJnc9NzAw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzQxNDQvMy13b21lbi1pbi1hLXNob3BwaW5nLW1hbGwuanBnJnc9NzAw"/></p>
<p>图片来源：Getty Images。</p>
<h2>1. Visa：消费习惯的最佳指标</h2>
<p>Visa 是全球最大的信用卡公司，其表现在某种程度上反映了经济的状况。作为一个信用卡网络，其处理的交易量强烈指示了人们的消费情况。由于其目标客户群体广泛，其信息也相对普遍。</p>
<p>降息的目的是刺激经济，而 Visa 是消费增加的主要受益者。Visa 的核心业务是提供将资金从客户的合作银行转移到商户的网络或基础设施，并从每笔交易中抽取少量费用。尽管它已经扩展到其他服务，但这些服务大多围绕不同的资金转移方式展开。资金流动越多，Visa 获得的收益就越多。</p>
<p>尽管利率较高，它的表现依然良好。在 2025 财年第三季度（截至 6 月 30 日），收入同比增长 14%，支付交易量增长 8%。由于其简单、低成本的商业模式，它的盈利能力很强，净收入在该季度同比增长 8%。</p>
<p>降低利率应该会进一步提升 Visa 的收益，使这只受到沃伦·巴菲特支持的股票受益。Visa 是一项稳健的长期投资，为大多数投资组合提供了价值。</p>
<h2>2. SoFi：年轻的银行颠覆者</h2>
<p>银行与利率之间存在双向关系。当利率较高时，它们的净利息收入更高，但由于消费者难以偿还贷款，它们也会面临更高的违约率。因此，银行通常在利率较低时表现更好。</p>
<p>这适用于整个行业，但我特别选择 SoFi，部分原因是它的大额贷款业务，部分原因是它的增长速度远快于几乎所有其他银行，这意味着它将在改善的经济中获得更多收益。</p>
<p>SoFi 是一家数字银行，没有实体分支机构，提供现代化的财务管理方式。除了学生贷款、个人贷款和住房贷款外，它还提供广泛的标准银行服务，通常在存款的储蓄利率上超过全国平均水平。</p>
<p>它还在其应用程序上提供非标准服务，如加密货币交易，并且最近表示将提供基于区块链网络的国际汇款。这可能提供真正的价值，因为国际汇款通常是一个复杂、昂贵且耗时的过程。</p>
<p>在利率高企的去年，SoFi 的贷款业务遭遇困难，而随着利率降低，它已经受益于加速的收入增长和更好的信用指标。即使是更低的利率也应该有助于其所有业务部门，除了贷款外，还包括银行账户和投资等金融服务，以及作为企业对企业的金融基础设施的技术平台。</p>
<p>随着其在金融领域的规模和实力不断增强，它应该能够更好地应对未来的不确定性。</p>
<h2>3. Carnival：出色的表现，高负债</h2>
<p>Carnival 在客户持续报名参加其邮轮的情况下，顺利航行。需求处于历史高位，营业收入创下纪录，公司正在订购新船并推出新目的地以满足所有这些需求。</p>
<p>业务中唯一的一个问题是：它负债累累。尽管它一直在负责任地偿还债务，但仍超过 270 亿美元。今年，它以更好的利率再融资了 70 亿美元，节省了数百万的利息。现在，它将能够以更低的利率再融资更多的债务。</p>
<p>除了债务，Carnival 的投资论点依然强劲。它是全球最大的邮轮运营商，尽管通胀高企，需求依然健康。这显示了其韧性。</p>
<p>由于对债务的担忧，Carnival 的股票今天仍然便宜，但随着其偿还债务并变得更加盈利，预计股票将继续上涨。</p>

嘉年华邮轮

SOFI

<p>美联储主席杰罗姆·鲍威尔宣布将利率下调四分之一个百分点，并预计在十月和十二月还会有两次降息。此举旨在刺激经济，尽管经济信号混杂。预计将从此次降息中受益的三只股票是 Visa、SoFi Technologies 和嘉年华邮轮。作为领先的信用卡公司，Visa 预计将因消费者支出增加而实现更高的收益。SoFi 作为一家数字银行，凭借其多样化的金融服务，具备增长潜力。嘉年华邮轮虽然面临重大债务挑战，但其邮轮需求依然强劲</p>

<p>It wasn't a big surprise that Federal Reserve Chairman Jerome Powell cut interest rates at the Fed's September meeting on Wednesday. In July, he implied in no uncertain terms that a rate cut was coming, and the likelihood was that it was going be a quarter of a point. That's what has happened. The governing body also signaled that two more cuts would come at its next two meetings, in October and December.</p>
<div class="lb-trans"><p>美联储主席杰罗姆·鲍威尔在周三的九月会议上降息并不令人感到意外。在七月份，他明确暗示降息即将到来，降幅可能为四分之一个百分点。结果正是如此。决策机构还表示，在接下来的十月和十二月的会议上将再进行两次降息。</p>
</div><p>Powell noted that there are mixed signals in the economy, which made it a difficult decision. Normally, the Fed keeps rates high until inflation backs down, and right now, inflation is higher than the Fed wants it to be. Nonetheless, the once-strong job market is beginning to falter, and a reduction in interest rates should stimulate the economy and employment opportunities.</p>
<div class="lb-trans"><p>鲍威尔指出，经济中存在混合信号，这使得这一决定变得困难。通常情况下，美联储会在通胀回落之前保持高利率，而目前的通胀水平高于美联储的预期。尽管如此，曾经强劲的就业市场开始出现疲软，降低利率应该会刺激经济和就业机会。</p>
</div><p>A more active economy with more jobs and money flowing is great news for most businesses, and some companies will feel the change more acutely. <strong>Visa</strong>(V 1.19%), <strong>SoFi Technologies</strong>(SOFI 4.98%), and <strong>Carnival</strong>(CCL -2.86%) (CUK -2.67%), are three stocks that should benefit in a big way.</p>
<div class="lb-trans"><p>一个更活跃的经济体，伴随着更多的就业和资金流动，对大多数企业来说都是好消息，而一些公司将更明显地感受到这种变化。<strong>Visa</strong>(V 1.19%)、<strong>SoFi Technologies</strong>(SOFI 4.98%) 和 <strong>Carnival</strong>(CCL -2.86%) (CUK -2.67%) 是三只应该会大幅受益的股票。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzQxNDQvMy13b21lbi1pbi1hLXNob3BwaW5nLW1hbGwuanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F834144%2F3-women-in-a-shopping-mall.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>1. Visa: The best indicator of spending habits</h2>
<div class="lb-trans"><h2>1. Visa：消费习惯的最佳指标</h2>
</div><p>Visa is the largest credit card company in the world, and its performance tells the story of the economy to some degree. Because it's a credit card network, its processed volume is a strong indication of how people are spending. And because it targets a wide range of demographics, its message is fairly universal.</p>
<div class="lb-trans"><p>Visa 是全球最大的信用卡公司，其表现在某种程度上反映了经济的状况。作为一个信用卡网络，其处理的交易量强烈指示了人们的消费情况。由于其目标客户群体广泛，其信息也相对普遍。</p>
</div><p>The purpose of cutting interest rates is to boost the economy, and Visa is a major beneficiary of higher spending. Visa's core business is providing the network, or infrastructure, that moves money from a customer's partnering bank to a merchant, taking a small cut of each transaction. Although it has branched out to other services, they mostly center around different ways of moving money. More money flowing means more money for Visa.</p>
<div class="lb-trans"><p>降息的目的是刺激经济，而 Visa 是消费增加的主要受益者。Visa 的核心业务是提供将资金从客户的合作银行转移到商户的网络或基础设施，并从每笔交易中抽取少量费用。尽管它已经扩展到其他服务，但这些服务大多围绕不同的资金转移方式展开。资金流动越多，Visa 获得的收益就越多。</p>
</div><p>It has been performing well despite the higher interest rates. In the 2025 fiscal third quarter (ended June 30), revenue increased 14% year over year, and payments volume was up 8%. It's highly profitable, since it has a simple, low-cost model, and net income increased 8% over last year in the quarter.</p>
<div class="lb-trans"><p>尽管利率较高，它的表现依然良好。在 2025 财年第三季度（截至 6 月 30 日），收入同比增长 14%，支付交易量增长 8%。由于其简单、低成本的商业模式，它的盈利能力很强，净收入在该季度同比增长 8%。</p>
</div><p>Lower interest rates should further boost Visa's earnings, benefiting this Warren Buffett-backed stock. Visa is a solid long-term investment, offering value to most portfolios.</p>
<div class="lb-trans"><p>降低利率应该会进一步提升 Visa 的收益，使这只受到沃伦·巴菲特支持的股票受益。Visa 是一项稳健的长期投资，为大多数投资组合提供了价值。</p>
</div><h2>2. SoFi: A young bank disruptor</h2>
<div class="lb-trans"><h2>2. SoFi：年轻的银行颠覆者</h2>
</div><p>Banks have a two-sided relationship with interest rates. They make more money on net interest income when rates are higher, but they also suffer from higher default rates because consumers struggle to pay back loans. They also take out loans at lower rates for that reason, and altogether, banks usually do better with lower rates.</p>
<div class="lb-trans"><p>银行与利率之间存在双向关系。当利率较高时，它们的净利息收入更高，但由于消费者难以偿还贷款，它们也会面临更高的违约率。因此，银行通常在利率较低时表现更好。</p>
</div><p>That goes for the industry as a whole, but I'm picking SoFi in particular partly because of its large lending segment, and partly because it's growing much faster than almost any other bank, which means it stands to gain a lot from an improving economy.</p>
<div class="lb-trans"><p>这适用于整个行业，但我特别选择 SoFi，部分原因是它的大额贷款业务，部分原因是它的增长速度远快于几乎所有其他银行，这意味着它将在改善的经济中获得更多收益。</p>
</div><p>SoFi is a neobank, a cadre of digital banks that have no physical branches and offer a modern take on financial management. In addition to student, personal, and home loans, it offers a broad array of standard banking services and typically beats out national averages on savings rates for deposits.</p>
<div class="lb-trans"><p>SoFi 是一家数字银行，没有实体分支机构，提供现代化的财务管理方式。除了学生贷款、个人贷款和住房贷款外，它还提供广泛的标准银行服务，通常在存款的储蓄利率上超过全国平均水平。</p>
</div><p>It also offers non-standard services like cryptocurrency trading on its app, and it recently said it would offer international money transfers on a Blockchain network. That could offer real value, since sending money internationally is often a complicated, expensive, and long process.</p>
<div class="lb-trans"><p>它还在其应用程序上提供非标准服务，如加密货币交易，并且最近表示将提供基于区块链网络的国际汇款。这可能提供真正的价值，因为国际汇款通常是一个复杂、昂贵且耗时的过程。</p>
</div><p>SoFi's lending segment struggled last year when interest rates were at a high, and it has already benefited from lower rates with accelerated revenue growth and better credit metrics. Even lower rates should help all of its segments, which, aside from lending, include financial services, like bank accounts and investing, and tech platform, which is a business-to-business financial infrastructure.</p>
<div class="lb-trans"><p>在利率高企的去年，SoFi 的贷款业务遭遇困难，而随着利率降低，它已经受益于加速的收入增长和更好的信用指标。即使是更低的利率也应该有助于其所有业务部门，除了贷款外，还包括银行账户和投资等金融服务，以及作为企业对企业的金融基础设施的技术平台。</p>
</div><p>As it becomes a larger and more formidable player in finance, it should be able to weather future uncertainty even better.</p>
<div class="lb-trans"><p>随着其在金融领域的规模和实力不断增强，它应该能够更好地应对未来的不确定性。</p>
</div><h2>3. Carnival: Great performance, high debt</h2>
<div class="lb-trans"><h2>3. Carnival：出色的表现，高负债</h2>
</div><p>Carnival is sailing through smooth seas as customers continue to sign up for its cruises. Demand is at historical highs, operating income is at a record, and the company is ordering new ships and launching new destinations to meet all of this demand.</p>
<div class="lb-trans"><p>Carnival 在客户持续报名参加其邮轮的情况下，顺利航行。需求处于历史高位，营业收入创下纪录，公司正在订购新船并推出新目的地以满足所有这些需求。</p>
</div><p>There's only one kink in the business: it has massive debt. It's been paying it off responsibly, but it's still more than $27 billion. This year, it has refinanced $7 billion at better rates, saving millions on interest. It will now be able to refinance more of its debt at lower rates.</p>
<div class="lb-trans"><p>业务中唯一的一个问题是：它负债累累。尽管它一直在负责任地偿还债务，但仍超过 270 亿美元。今年，它以更好的利率再融资了 70 亿美元，节省了数百万的利息。现在，它将能够以更低的利率再融资更多的债务。</p>
</div><p>Outside of the debt, the investment thesis for Carnival is strong. It's the largest global cruise operator, and demand has stayed healthy despite high inflation. That's resiliency.</p>
<div class="lb-trans"><p>除了债务，Carnival 的投资论点依然强劲。它是全球最大的邮轮运营商，尽管通胀高企，需求依然健康。这显示了其韧性。</p>
</div><p>Carnival stock is still cheap today due to the concerns about the debt, but as it pays it down and becomes more profitable, expect the stock to keep climbing.</p>
<div class="lb-trans"><p>由于对债务的担忧，Carnival 的股票今天仍然便宜，但随着其偿还债务并变得更加盈利，预计股票将继续上涨。</p>
</div>

Federal Reserve Chairman Jerome Powell Just Cut Interest Rates. 3 Top Stocks to Buy Now.

- 美联储主席鲍威尔在 9 月会议上降息，预计未来两次会议将再降息。  
- 降息旨在刺激经济和就业，Visa、SoFi 和 Carnival 等公司将受益。  
- Visa 表现强劲，SoFi 快速增长，Carnival 需求高但负债较重。

美联储主席杰罗姆·鲍威尔刚刚宣布降息。现在是购买三只优质股票的好时机