‘Bond King’ Jeffrey Gundlach Names One Catalyst That Could Trigger a Fed Interest Rate Cut This Year - The Daily Hodl

‘Bond King’ Jeffrey Gundlach Names One Catalyst That Could Trigger a Fed Interest Rate Cut This Year - The Daily Hodl

Billionaire “Bond King” Jeffrey Gundlach says the US will likely witness one crisis this year that would force the Fed to resume a rate-cutting cycle. In a new CNBC interview, the founder and CEO of investment firm DoubleLine Capital says he sees the Fed cutting rates this year, but it won’t be related to the Fed’s dual mandate of achieving maximum employment and an average of 2% annual inflation. “I do think they’ll cut rates, but I don’t think…