Carlyle: Expected the Fed to cut interest rates three times this year and then pause to assess the impact

Carlyle Group expects the Federal Reserve to cut interest rates three times before the end of this year, and then pause the cuts while assessing the impact. The private equity firm stated that it still sees signs of an "energetic" economy. The CEO of the institution, Schwarz, said that monetary policy has been effective in curbing inflation, and after the expected rate cuts in 2024, the Fed may only need to cut rates once next year. Schwarz mentioned that trading activities in the United States have started to improve, and should continue to increase unless there is an unexpected market disruption. In the first half of this year, Carlyle saw an increase in the amount of funds allocated and realized, but these two indicators are still far below peak levels