Jeff Gundlach says the Fed is digging a hole with its rate hikes only to fill it back in: 'Makes you wonder why they bother'

Dec 7 2022 by Business Insider

 
Import and export prices show that the Federal Reserve's rate-hiking plan is already taming inflation, according to DoubleLine Capital's Jeff Gundlach.

REUTERS/Eduardo Munoz

Jeff Gundlach has questioned the Federal Reserve's plans for further interest-rate increases. Import and export prices show Fed rate hikes have already brought down inflation, according to the billionaire investor. "It's kind of strange that the Fed is going to dig a hole and then fill it back in," Gundlach said.

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Continue Reading Jeff Gundlach says the Fed is digging a hole with its rate hikes only to fill it back in: 'Makes you wonder why they bother'