According to Odaily, the Financial Times team has recently updated its forecast for the Federal Reserve's interest rate outlook. The prediction suggests that if Harris wins the election, the Federal Reserve may quickly reduce interest rates next year. Analysts indicate that following a 50 basis point cut in September, the Federal Reserve might lower rates by an additional 25 basis points twice in 2024. By the end of this year, the Federal Reserve is expected to reduce rates by a total of 100 basis points, bringing the federal funds rate down to 4.25-4.5%. This aligns with the Federal Reserve's economic forecast summary from September. If Harris secures victory in the U.S. presidential election, the Federal Reserve is projected to cut rates three more times in the first half of 2025, each by 25 basis points, reducing the policy rate to 3.5-3.75%.