From CNBC: 2025-01-15 11:15:21

Jeffrey Gundlach, CEO of DoubleLine Capital, criticizes the Federal Reserve for reacting too much to short-term data and not being strategic. The latest consumer price index shows a 0.4% increase, with the 12-month inflation rate at 2.9%. The Fed has cut rates by a full percentage point since September, with only one cut expected in 2025. Future pricing implies two quarter-point rate cuts through the year.

Read more: DoubleLine’s Gundlach says the Fed looks like Mr. Magoo, focuses too much on ‘short-termism’