The US inflation will likely trough in the next several months and rise above 2% in 2021, according to the bond king and Doubleline Capital’s CEO Jeffrey Gundlach. “The inflation may range from 2.25% to 2.4% in 2021, Gundlach said Tuesday on a webcast for his flagship DoubleLine Total Return Bond Fund, according to Bloomberg. While Gundlach foresees a sustained rise in inflation, economists recently surveyed by Bloomberg projected a temporary rise above 2% in the second quarter of 2021. The market-based measures of inflation expectations have risen to multi-month highs near 2%, giving gold and treasury yields a lift on expectations of swift global economic recovery on potential coronavirus vaccines. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD Price Analysis: Bulls extend in the monthly impulse FX Street 2 years The US inflation will likely trough in the next several months and rise above 2% in 2021, according to the bond king and Doubleline Capital's CEO Jeffrey Gundlach. "The inflation may range from 2.25% to 2.4% in 2021, Gundlach said Tuesday on a webcast for his flagship DoubleLine Total Return Bond Fund, according to Bloomberg. While Gundlach foresees a sustained rise in inflation, economists recently surveyed by Bloomberg projected a temporary rise above 2% in the second quarter of 2021. The market-based measures of inflation expectations have risen to multi-month highs near 2%, giving gold and treasury yields a lift on… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
