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KM Financial Solutions | UPDATE 2-DoubleLine CEO Jeffrey Gundlach warns Fed rate cuts will not stop U.S. recession
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UPDATE 2-DoubleLine CEO Jeffrey Gundlach warns Fed rate cuts will not stop U.S. recession

13 Aug UPDATE 2-DoubleLine CEO Jeffrey Gundlach warns Fed rate cuts will not stop U.S. recession

Posted at 23:24h in News by
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Jeffrey Gundlach, chief executive of
DoubleLine Capital, warned on Wednesday that rate cuts by the
U.S. Federal Reserve were not going to stop a recession from
happening and that “once the Fed is in easing mode, it is
already too late.”

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