BRIEF-Doubleline Capital's Jeffrey Gundlach Says Fed Will Raise 25 Basis Points At Next Meeting - CNBC Interview


Reuters | Updated: 14-03-2023 00:50 IST | Created: 14-03-2023 00:50 IST
BRIEF-Doubleline Capital's Jeffrey Gundlach Says Fed Will Raise 25 Basis Points At Next Meeting - CNBC Interview

* DOUBLELINE CAPITAL'S JEFFREY GUNDLACH SAYS RECENT INTEREST RATE RISE "BLINDSIDED" SOME PEOPLE - CNBC INTERVIEW

* DOUBLELINE'S GUNDLACH SAYS CCC RATE BANK LOANS IS ANOTHER AREA TO WATCH * DOUBLELINE'S GUNDLACH SAYS RAPIDITY OF FED RESPONSE HAS BEEN IMPRESSIVE

* DOUBLELINE'S GUNDLACH SAYS REGIONAL BANK CRISIS MAY PORTEND PROBLEMS DOWN IN THE RISKIER AREAS OF CREDIT, INCLUDING HIGH YIELD CORPORATE BONDS * DOUBLELINE'S GUNDLACH SAYS MORE PLAUSIBLE ODDS OF RECESSION IN 4-6 MONTHS TIME FRAME

* DOUBLELINE'S GUNDLACH SAYS FED WILL RAISE 25 BASIS POINTS AT NEXT MEETING * DOUBLELINE'S GUNDLACH SAYS THINK MARCH FED HIKE WILL BE LAST INCREASE

* DOUBLELINE'S GUNDLACH SAYS FED WILL RAISE RATES NEXT METTING TO SAVE CREDIBILITY * DOUBLELINE'S GUNDLACH SAYS FED IS ACCEPTING BONDS THAT ARE WORTH AS LOW AS 55 CENTS ON DOLLAR, ONLY TO BACK STOP THESE SECURITIES IS TO PRINT MONEY

* DOUBLELINE'S GUNDLACH SAYS WILL BE PROOF POSITIVE THAT FED FOLLOWS 2-YEAR IF THE FOMC DOESN'T RAISE RATES MARCH 22 * DOUBLELINE'S GUNDLACH SAYS SHOULD BE AVOIDING LOWER TIERS OF CREDIT

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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