Carlyle CEO says the FOMC will hike rates one more time this year

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Carlyle CEO says the FOMC will hike rates one more time this year

David 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

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