Bond expert and founder of DoubleTree founder Jeffrey Gundlach joined CNBC’s "Closing Bell" Wednesday following the Federal Reserve’s decision to keep interest rates at the 5.25%-5.5% level. Consumer Price Index inflation should fall, but the U.S. economy may see a recession in the early part of 2024, he said. Gundlach also said the Federal Reserve left the door “wide open” for potential action in future meetings. He said that he expects the central bank’s dot plot to be less aggressive as long as inflation falls moving forward. Gundlach predicts that inflation will continue to come down, which should also give the Fed some ability to start thinking about cutting rates. . . #inflation #fedrates