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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