Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Christiaan Hetzner

'Bond king' Gundlach predicts stocks have further room to rally as Fed ends tightening cycle

(Credit: David A. Grogan—CNBC/NBCU Photo Bank/NBCUniversal via Getty Images)

Stocks could continue to rally in the coming weeks as investors expect the Federal Reserve to wind up its tightening cycle with one final hike as soon as March.  

On Wednesday the central bank raised interest rates again, signaling it was satisfied enough with its progress in cooling off red-hot inflation figures to relax the increase to just a quarter point—its lowest since the cycle began in March.  

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.