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

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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.

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