June 12 (Reuters) -

* DOUBLELINE CAPITAL'S JEFFREY GUNDLACH SAYS ACTUALLY THINK LESS CONFIDENT THERE WILL BE ONE CUT THIS YEAR - CNBC INTERVIEW

* DOUBLELINE CAPITAL'S JEFFREY GUNDLACH SAYS LABOR MARKET IS WEAKENING BUT NOT ALARMING YET

* DOUBLELINE CAPITAL'S JEFFREY GUNDLACH SAYS NEEDS-BASED PARTS OF THE ECONOMY ARE GETTING "CRUSHED"BY HIGH PRICES

* DOUBLELINE CAPITAL'S JEFFREY GUNDLACH SAYS INFLATION RATE IS DIFFERENT DEPENDING ON YOUR LIFESTYLE

* DOUBLELINE CAPITAL'S JEFFREY GUNDLACH SAYS MARKET IS FOND OF THE FACT THAT HIKES STILL SOUND LIKE THEY'RE NOT BEING CONSIDERED

* DOUBLELINE CAPITAL'S GUNDLACH SAYS LABOR FORCE IS SHRINKING AND SO THE LABOR PARTICIPATION RATE IS GOING DOWN

* DOUBLELINE CAPITAL'S GUNDLACH SAYS INFLATION WILL COME DOWN

* DOUBLELINE CAPITAL'S GUNDLACH SAYS IF OIL PRICES GO DOWN, WE WOULD SEE FURTHER RELAXATION ON INFLATION

* DOUBLELINE CAPITAL'S GUNDLACH SAYS THIS MEETING WILL BE REMEMBERED FOR FED REDUCING FORECAST TO ONE CUT FROM THREE

* DOUBLELINE CAPITAL'S GUNDLACH SAYS THINK WE'LL SEE HEADLINE CPI SETTLE IN AT ABOUT 2.5-2.75% FOR REST OF YEAR

* DOUBLELINE CAPITAL'S GUNDLACH SAYS CAN EXPECT VERY GOOD RETURNS FROM PARTS OF FIXED INCOME MARKET LIKE BB BANK LOANS

* DOUBLELINE CAPITAL'S GUNDLACH SAYS FED RHETORIC WILL CHANGE DRAMATICALLY FROM NOW TO YEAR-END

* DOUBLELINE CAPITAL'S GUNDLACH SAYS WE HAVE SEEN PEAK FOR THIS CYCLE IN LONGER-TERM BOND YIELDS AND PROBABLY FED FUNDS

* DOUBLELINE CAPITAL'S GUNDLACH SAYS STILL EXPECTING A RECESSION

* DOUBLELINE CAPITAL'S GUNDLACH SAYS SEES RECESSION COMING IN A YEAR

* DOUBLELINE CAPITAL'S GUNDLACH SAYS EVEN AT TODAY'S LEVEL, ITS WORTH DOLLAR COST AVERAGING INTO GOLD Source text for Eikon: Further company coverage: [ ]