Jinse Finance reported that the Federal Reserve's interest rate cuts have removed obstacles for private companies waiting for the "green light" to enter the U.S. initial public offering (IPO) market. Industry observers say that after the Fed's rate cut, a variety of companies from the technology sector to the service industry are expected to publicly submit IPO applications or launch IPO roadshows in the coming days or weeks. Previously, many companies considering going public in the fall had been waiting for the Fed's rate cut decision, while also closely monitoring the performance of newly listed companies. West Riggs, head of equity capital markets at U.S. Trust Securities, said: "There are definitely quite a few companies waiting for the rate cut to be implemented to ensure there are no unexpected situations. The IPO schedule in October is expected to be very busy."