UPDATE 1-DoubleLine CEO Jeffrey Gundlach warns Fed rate cuts will not stop U.S. recession
Jeffrey Gundlach, CEO of DoubleLine
Capital, warned on Wednesday that rate cuts by the U.S. Federal
Reserve are not going to stop a recession from happening and
that “once the Fed is in easing mode, it is already too late.”
Capital, warned on Wednesday that rate cuts by the U.S. Federal
Reserve are not going to stop a recession from happening and
that “once the Fed is in easing mode, it is already too late.”
Posted by Reuters