“I do think rates are going to fall as we move into a recession in the first part of next year,” Gundlach said on CNBC’s “Closing…
Published 2 mins agobelieves that interest rates are about to trend lower as the economy deteriorates further and tips into a recession next year.
, where it has been since July. This was the second consecutive meeting that the central bank chose to keep rates static, following a string of 11 rate hikes, including four in 2023.
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