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Jeffrey Gundlach, from DoubleLine Capital, expressed in CNBC interviews that he foresees one rate cut this year by Jerome Powell and the US Fed. He is unsure if inflation will drop sustainably below 3 percent and believes it's unlikely to have three cuts. Gundlach also agrees with Powell on stagflation.
DOUBLELINE CAPITAL'S JEFFREY GUNDLACH SAYS I AGREE WITH POWELL ON STAGFLATION
DOUBLELINE CAPITAL'S GUNDLACH SAYS HIGHER FOR LONGER SEEMS LIKE THE MANTRA CONTINUES WITHOUT THE RATE HIKE- CNBC INTERVIEW
GUNDLACH SAYS BASE CASE SEEMS LIKE ONE RATE CUT THIS YEAR FROM JEROME POWELL AND THE 🇺🇸 FED - CNBC Interview