Guggenheim Partners Investment Management CIO Anne Walsh says the Federal Reserve may have room to lower interest rates but must be cautious not to appear as though it is "kowtowing" to political pressure from President Donald Trump. In this episode of Bloomberg Wealth with David Rubenstein, Walsh shares her concerns about the US deficit, emphasizing the need for greater fiscal discipline in Washington. She also discusses how fixed income investments can serve as a valuable tool for risk mitigation. This interview was recorded on June 9 in New York. (Source: Bloomberg)