DoubleLine CEO Jeffrey Gundlach warns Fed rate cuts will not stop U.S. recession

Jeffrey Gundlach, chief executive of DoubleLine Capital, warned on Wednesday that rate cuts by the U.S. Federal Reserve were not going to stop a recession from happening and that "once the Fed is in easing mode, it is already too late."

from Reuters: Business News https://ift.tt/2Z8Xji1