October 12, 2024

DoubleLine’s Gundlach says the Fed needs to cut rates quickly, sees a half-point reduction Wednesday

 DoubleLine’s Gundlach says the Fed needs to cut rates quickly, sees a half-point reduction Wednesday

DoubleLine’s Gundlach says the Fed needs to cut rates quickly, sees a half-point reduction Wednesday

DoubleLine Capital CEO Jeffrey Gundlach said the Federal Reserve needs to ease policy quickly amid an economic slowdown.