Guggenheim: The Federal Reserve is expected to cut interest rates about once per quarter this year, totaling up to 100 basis points

Anna Walsh, Chief Investment Officer of Guggenheim Partners, stated that the Federal Reserve may cut interest rates once a quarter in 2025, with an overall expected reduction of 75 basis points this year, potentially reaching 100 basis points. She noted that although the pace of rate cuts may be slower than expected, the strength of the dollar will continue to attract capital. Walsh also mentioned that the bond market is in a range trading state and expects U.S. stocks to rise driven by themes such as artificial intelligence, energy, and the return of manufacturing, with the S&P 500 index's return rate reaching 8%-10% by the end of 2025