Bond king Jeffrey Gundlach said the Federal Reserve should have cut rates on Wednesday ...Middle East

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Bond king Jeffrey Gundlach said the Federal Reserve should have cut rates on Wednesday
Gundlach spoke in an interview with US media, CNBC. Headlines via Reuters: Says a lot of room for the fed to cut short term interest rates Fed should have cut todayThink we have a 150 bp of cuts coming, certainly in a year from nowSays still believe 2 yr, 3 yr, 5 yr Treasuries are a safe place to beBelieve we will eventually say we were in a recession in September 2024Don’t think the economy is that strongThat September 2024 recession call from him is interesting. The data doesn't appear to be showing the economy heading that way right now. This article was written by Eamonn Sheridan at www.forexlive.com.

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