News list for "New debt"

"New debt king" Gundlach: Fed more likely to cut interest rates by 50 basis points in November after US election

The "new bond king" Gundlach said that the long-term bond market does not want the Federal Reserve to adopt aggressive easing policy; the Federal Reserve is not as behind the curve as before; the Federal Reserve is more likely to cut interest rates by 50 basis points in November after the US election; and the current data support Powell's remarks that the economy is not showing significant pressure.

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2024-09-19 05:00:35
"New debt king" Gundlach: Fed is expected to cut interest rates by 50 basis points tomorrow

Mr. Gundlach, the "new bond king", said he expected the Fed to cut interest rates by 50 basis points tomorrow, for a total of 125 basis points this year; he believes the US is now in recession.

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2024-09-18 05:13:43