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Stock impact report

Carlyle's CEO Sees Three Fed Rate Cuts This Year, Then a Pause [Yahoo! Finance]

The Carlyle Group Inc. (CG) 
Last the carlyle group inc. earnings: 4/30 06:40 am Check Earnings Report
US:NASDAQ Investor Relations: ir.carlyle.com
Company Research Source: Yahoo! Finance
(Bloomberg) -- Carlyle Group Inc. boss Harvey Schwartz expects the Federal Reserve to lower interest rates three times before the end of this year, then take a pause as it assesses the impact. Most Read from Bloomberg California's Anti-Speeding Bill Can Be a Traffic Safety Breakthrough Pipe Fire Near Houston Forces Residents to Evacuate To Build a Happier City, Design for Density London Mayor Plans to Pedestrianize Busy Oxford Street An Artist Reimagines the Spaces of Childhood, With Thorny Results The private equity firm still sees signs of a “vibrant economy,” Schwartz, who took over as chief executive officer at Carlyle last year, said in a CNBC interview Wednesday. Monetary policy has worked to cool inflation, and after the expected cuts in 2024, the central bank may only need one additional reduction next year, he said. “The Federal Reserve has done an amazing job in complex circumstances,” Schwartz said. Traders and dealmakers are awaiting what's likely to be Show less Read more
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