After the Federal Reserve's interest rate cuts, market liquidity tends to increase, which is favorable for stock market growth. Historically, the Nasdaq Index has risen by an average of 15% within a year following a rate cut by the Fed. For Taiwan's stock market, the depreciation of the U.S. dollar due to rate cuts will strengthen the Taiwanese dollar, attracting foreign investment into Taiwanese stocks. Additionally, lower interest rates will reduce corporate borrowing costs, stimulating economic activity and driving profit growth for companies listed on the Taiwan Stock Exchange.