You Can't 'Jawbone' Down Energy Prices, Rubenstein Says

Source: Bloomberg Politics · Bias: Center

Summary

Carlyle Group co-Founder and co-Chairman says higher energy prices likely mean the Federal Reserve will not cut interest rates when it meets later this month. He says the energy shock is also not good for markets and he says trying to "jawbone down" energy prices usually doesn't work. (Source: Bloomberg)

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You Can't 'Jawbone' Down Energy Prices, Rubenstein Says
Bloomberg Politics

You Can't 'Jawbone' Down Energy Prices, Rubenstein Says

Center

Carlyle Group co-Founder and co-Chairman says higher energy prices likely mean the Federal Reserve will not cut interest rates when it meets later this month. He says the energy shock is also not good for markets and he says trying to "jawbone down" energy prices usually doesn't work. (Source: Bloomberg)

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