Bond King Gundlach says the Fed is done raising rates

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Bond King Gundlach says the Fed is done raising rates

DoubleLine Capital CEO Jeffrey Gundlach was speaking at the Future Proof conference Tuesday at Huntington Beach, California.

• said the Fed's tightening cycle should come to an end as the economy slows down further
• 
  "I think they are done.  We have enough economic weakness."
  
• said the core Personal Consumption Expenditures Price Index has been consistently high, but as soon as it drops under 4%, the Fed should halt with the rate hikes

                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: Bond King Gundlach says the Fed is done raising rates

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