Gundlach says April rate hike 'inconceivable' after lower GDP forecasts
March 28, 2016 at 15:51 PM EDT
NEW YORK, March 28 (Reuters) - Jeffrey Gundlach, the widely followed investor who runs DoubleLine Capital, said on Monday that an interest-rate increase by the Federal Reserve in April is "inconceivable," given lower forecasts for first-quarter GDP growth.
