Carlyle CEO Says Stickiness of Inflation Reflects Strong Economy
Carlyle Group Inc. Chief Executive Officer Harvey Schwartz said inflation across the firm's portfolio companies is showing that the economy remains resilient, making it too early to judge whether the US is headed toward a recession.
'We see the stickiness of inflation,' Schwartz said on Wednesday in an interview for an upcoming series for Bloomberg Originals, Bullish. 'That's actually a reflection of a strong economy, low unemployment.'
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