'Bond King' Jeffrey Gundlach says the inflation threat is fading fast – and the Fed should end its interest-rate hikes now

Dec 15 2022 by Business Insider

 
Jeffrey Gundlach, CEO of DoubleLine Capital, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017.

Brendan McDermid/Reuters

Billionaire investor Jeffrey Gundlach thinks the threat of inflation is quickly receding. He urged the Fed to stop hiking rates after Wednesday's move as there's been progress on inflation.  The Fed isn't being transparent about its inflation target, Gundlach added, which he believes is "more like 3% now". 

Billionaire investor Jeffrey...

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