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Stocks making the biggest moves after hours: eBay, Qualcomm, DoorDash, Carvana and more
These are the stocks posting the largest moves in after-hours trading.
DoubleLine’s Jeffrey Gundlach sees one rate cut this year as the Fed keeps up inflation fight
"The inflation rate clearly is the one that is lacking progress … so I'm going to lean on one rate cut," Gundlach said. "I don't think it's coming in June."
Fed keeps rates steady as it notes 'lack of further progress' on inflation
With the decision to hold the line on rates, the committee noted a "lack of further progress" in getting inflation back down to the central bank's 2% target.