Doubletree's Gundlach: Don't think we see a cut at the next meeting
USD
Doubletree's GUndlach on CNBC says:
- I don't think we see a cut in the next Fed meeting
- I think the first cut might come in June – July.
- The Fed might be seven states for Q3
- Says the chance of recession is 50% to 60%
- Does not see 10-year going below 4%
- Have hard time seeing inflation settling in near 2%
Source: Forex Live