May 18, 2024
Billionaire investor: Powell would ‘say he made a mistake’ with inflation | CNN Business

Billionaire investor: Powell would ‘say he made a mistake’ with inflation | CNN Business


David Rubenstein, Co-Founder of The Carlyle Group, hired Fed chairman Jerome Powell more than two decades ago. Today, he says Powell would admit the Fed underestimated inflation and that more unemployment would help combat inflation.

Source link