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.
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.