Skip to content
Subscriber Only

Jeffrey Gundlach Says Fed Shouldn't Raise Rates This Week

  • DoubleLine CIO says 2019 is year for capital preservation
  • U.S.-China trade war is likely to worsen, hurting growth
Video player cover image
Fed Will Signal They'll Be More Cautious in Year Ahead, Says BNY Mellon's Dhar
Updated on

Jeffrey Gundlach says the Federal Reserve shouldn’t raise interest rates when it meets this week, citing concerns about the bond market and expectations that a slowing economy may require policy reversals in 2020.

“I don’t think they should,” Gundlach, chief investment officer of DoubleLine Capital, said Monday in an interview on CNBC. The bond market is saying there’s no way the Fed should be raising interest rates, he said.