Skip to content
Markets
Economics

Gundlach Warns U.S. Inflation May Hit 10%, Forcing Fed’s Hand

  • Economic outlook is worse now than in September, he says
  • Bonds are over-valued, while emerging markets are cheap
Video player cover image
Explain This: Inflation

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

U.S. inflation may approach 10% this year, according to DoubleLine Capital’s Jeffrey Gundlach, a historic level that he said underscores the need for the Federal Reserve to aggressively tighten monetary policy even amid fresh uncertainty caused by Russia’s war in Ukraine.