Doubleline Capital's Jeffrey Gundlach Says Base Case Is Terminal Rate For Fed Funds Rate Is 3.50%
Portfolio Pulse from Benzinga Newsdesk
Jeffrey Gundlach from Doubleline Capital suggests that the terminal rate for the Fed Funds Rate could be 3.50%, as discussed in a CNBC interview.
September 18, 2024 | 7:37 pm
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NEUTRAL IMPACT
Jeffrey Gundlach's prediction of a 3.50% terminal rate for the Fed Funds Rate could influence SPY, as interest rate expectations impact stock market indices.
SPY, an ETF that tracks the S&P 500, could be influenced by changes in interest rate expectations. However, the prediction is not definitive, leading to a neutral short-term impact.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50