I'm 'optimistic' that Warsh will be a better Fed chair than Powell: Jeffrey Gundlach

DoubleLine founder and CEO Jeffrey Gundlach critiques the Federal Reserve's historical rate-hiking approach, arguing Kevin Warsh's leadership would bring a different perspective to monetary policy, on 'Making Money.'

Jeffrey Gundlach provides an analysis of the Federal Reserve's historical interest rate decisions using a scatter chart. He suggests that current economic data indicates the Fed should be hiking rates. Gundlach expresses optimism that Kevin Warsh would implement a more proactive monetary policy, distinguishing himself from past chairs by not simply following the two-year Treasury yield, ultimately leading to better outcomes.