According to ChainCatcher, investment management company Payden & Rygel stated that the Federal Reserve's interest rate cut of 25 or 50 basis points this week is just a minor divergence. Analysts pointed out that the key issue is that the current labor market is in a fragile balance, and it is necessary to avoid a collapse of that balance. The company expects the federal funds rate to gradually approach 3% over the next 12-15 months, while the current target range set by the Federal Reserve is 4.25%-4.5%.