Bond king Jeffrey Gundlach says he expects one more Fed rate hike |
add US Fed Funds Rate Path Outlook
Prediction
DoubleLine Capital CEO Jeffrey Gundlach said he sees one additional rate hike from the Federal Reserve before the central bank ends its tightening cycle.
"I think one more," Gundlach said Wednesday on CNBC's "Closing Bell: Overtime." "I think it's tough to make the statement 'ongoing increases' with an 's' at the end of the word 'increase' and do zero unless you had very substantial change in economic conditions."
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