DoubleLine’s Jeffrey Gundlach sees just one rate slash this year as the Fed keeps up inflation combat

DoubleLine’s Jeffrey Gundlach sees just one rate slash this year as the Fed keeps up inflation combat


Critical Details
  • DoubleLine Money CEO Jeffrey Gundlach said Wednesday that he now sees no far more than one interest charge minimize this yr.
  • The observed preset earnings investor said the most essential second from the Fed’s plan celebration on Wednesday was when the central bank’s Chair Jerome Powell all but dominated out the probability of a price hike.
  • Treasury yields dropped to their session lows and shares shot to session highs as Powell said the up coming policy go will not be a fee raise.



Supply

Stocks making the biggest moves midday: Novo Nordisk, ServiceNow, Freeport-McMoRan, Structure Therapeutics & more
Finance

Stocks making the biggest moves midday: Novo Nordisk, ServiceNow, Freeport-McMoRan, Structure Therapeutics & more

Check out the companies making headlines in midday trading. ServiceNow — Shares of the software company fell nearly 3% after it said it would acquire cybersecurity startup Armis for $7.75 billion . The deal, which should close next year, will bolster ServiceNow’s cybersecurity offerings. Mining stocks — With prices of gold, silver and copper at […]

Read More
Here’s how AI could influence the Fed’s economic outlook
Finance

Here’s how AI could influence the Fed’s economic outlook

Key Points Members of the Federal Open Market Committee are factoring rising labor productivity in their economic forecasts. In a long-run “unbounded growth” scenario where AI is fully developed, up to 23% of workers may lose employment and labor productivity increases by as much as three to four times, according to a May 2025 research […]

Read More
Citadel to return  billion in profit to investors, source says
Finance

Citadel to return $5 billion in profit to investors, source says

Key Points The firm’s flagship-multistrategy fund, known as Wellington, gained 9.3% in the year through last week, the person said, who asked not to be named discussing performance details.  The profit being returned is not all that was generated in 2025, the person said, but rather, a way of constraining capital amid what the fund […]

Read More