VOT Research Desk
In an early Thursday interview with CNBC News, Jeffrey Gundlach, the king of bonds on Wall Street and the founder and CEO of DoubleLine Capital, discussed the outlook for US Federal Reserve (Fed) policy and potential recession concerns.
After today, the Fed shouldn’t raise rates again. however, another 25-bps boost is likely.
Greater than 75% likelihood of a recession believes that the pace of inflation will decline more quickly than most experts.
