Carlyle Group: The Fed is expected to cut interest rates three times this year, then pause to assess the impact

Odaily Odaily News: Carlyle Group expects the Federal Reserve to cut interest rates three times by the end of this year and then pause while it assesses the impact. The private equity firm said it still sees signs of a "vibrant" economy. The agency's CEO Schwartz said monetary policy has played a role in curbing inflation, and after the expected rate cut in 2024, the Federal Reserve may only need to cut rates once more next year. Schwartz said that trading activity in the United States has begun to improve and should continue to increase unless there are unexpected market disruptions. In the first half of this year, Carlyle's allocation and cash realization increased, but both indicators are still far below peak levels. (Jinshi)