"New Bond King" Gundlach: The Federal Reserve Faces Its Most Predictable "Hold" in Years

ChainCatcher news, according to Jin Shi reports, "new bond king" Gundlach stated that the Federal Reserve's upcoming interest rate decision is the most predictable "hold steady" in recent years. However, despite the vast majority expecting the Federal Reserve to maintain stable rates at this week's meeting, traders have increased their bullish bets on U.S. Treasuries, hoping that Fed Chairman Powell will signal a possible rate cut at the March meeting.

Gundlach stated that Powell's press conference should focus on the dual mandate of price stability and full employment, "the relationship between the two is currently under tension, making it more prominent than ever."