Carlyle CEO says the FOMC will hike rates one more time this yearDavid Rubenstein is CEO and co-founder of the Carlyle Group, a US-based private equity, alternative asset management and financial services firm (Federal Reserve Chair Powell was an employee at the firm).
- Says the FOMC will do one more interest rate hike this year
- says difficult to get top the 2% inflation target
- US economy has good prospect to not drop into recession
- Also says China's economy will avoid recession
Was interviewed by CNBC.
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: Carlyle CEO says the FOMC will hike rates one more time this year (https://www.forexlive.com/centralbank/carlyle-ceo-says-the-fomc-will-hike-rates-one-more-time-this-year-20230912/)
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