PANews reported on January 21 that according to Jinshi, Guggenheim's chief investment officer predicted on Monday that the Federal Reserve may cut interest rates every quarter until 2025, with a rate cut of about 75 basis points this year, and may even reach one percentage point. Guggenheim Chief Investment Officer Anne Walsh said at the start of the World Economic Forum Annual Meeting in Davos that the Federal Reserve will continue to cut interest rates, although the pace of reduction will be slower than expected. Walsh said that the tariffs that Trump expects to implement may not be as severe as most people expect, as long as the US dollar remains strong as a reserve currency and the United States continues to attract capital. Walsh expects that the average increase in tariffs will be less than 10% and more targeted.
Walsh said there is some uncertainty about Trump's policies and what his new administration actually implements, and there is also a risk that the U.S. economy will slow more than currently forecast. "It's like a ping-pong game ... between politics and policy, and that's going to create a lot of volatility in our investment thesis this year."
