Remarks from Doubleine's Jeffrey Gundlach on the Bloomberg:

  • Fed thinks the coast might be clear to raise rates
  • Its 'possible the Fed pulls another Lucy and the football'
  • Fed will raise rates by 25bps if it acts

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Sounds like Gundlach is finally coming around

More:

  • GDP looks set to move lower in the coming quarter
  • Fed bent on raising rates despite message from GDP