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Jeff Gundlach Says Fed Should Have Hiked 0.5%

By Drooid · Sep 16, 2026, 11:21 PM UTC · How we work

Summary

Story summary

Jeff Gundlach said the Federal Reserve should have raised rates by 0.5% on Wednesday.
He made the remark on CNBC’s “Closing Bell” program.
Gundlach argued a half-point hike would have “truing up” the Fed funds rate.
He noted the 2-year Treasury rate sat over 100 basis points above the Fed funds rate.
The 2-year Treasury yield rose about 7 basis points in Wednesday afternoon trading.

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Story summary

Jeff Gundlach said the Federal Reserve should have raised rates by 0.5% on Wednesday.
He made the remark on CNBC’s “Closing Bell” program.
Gundlach argued a half-point hike would have “truing up” the Fed funds rate.
He noted the 2-year Treasury rate sat over 100 basis points above the Fed funds rate.
The 2-year Treasury yield rose about 7 basis points in Wednesday afternoon trading.