DoubleLine founder Jeff Gundlach stated that the Federal Reserve should raise interest rates by 50 basis points at its September meeting, rather than gradually, after the Fed's decision on Wednesday to keep rates unchanged. He is concerned that U.S. inflation (which remains above the Fed's 2% annualized target) is not being given sufficient attention. Additionally, Federal Reserve Chairman Warsh announced that one scheduled central bank meeting in 2027 and two in 2028 will focus on monetary policy strategy, during which no votes will be cast on adjustments to the federal funds rate. Despite the Fed maintaining rates on Wednesday, CME's FedWatch Tool still shows an 85% probability of a 25 basis point rate hike at the Fed's December meeting.