Fed Faces Most Predictable ‘No Change’ in Years, Gundlach Says

The Federal Reserve’s upcoming rates decision is the most predictable “no change” in recent years, according to DoubleLine Capital’s Jeffrey Gundlach.

While the Fed is overwhelmingly expected to hold rates steady at the meeting on Wednesday, traders have increased bullish bets on US Treasuries amid hopes that Chair Jerome Powell will signal a potential cut at the meeting in March.