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Wednesday · May 20, 2026
DoubleLine Capital's CEO Gundlach Says 25 BPS Rate Cut By Fed Is The Right Move

DoubleLine Capital's CEO Gundlach Says 25 BPS Rate Cut By Fed Is The Right Move

(Reuters) - DoubleLine Capital's CEO Jeffrey Gundlach said in a CNBC interview on Wednesday that the 25-basis-point rate cut is the right move, after the Federal Reserve cut interest rates earlier in the day.

By Harshita Meenaktshi
Editing by Alan Barona

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