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High Inflation Could Stick Around a While, Carlyle Group's Rubenstein Says

Increase in Prices 'Is a Bit of a Problem' for Economy, Firm Co-Chairman Tells 'Walker Webcast' Audience
Carlyle Group Co-chairman David Rubenstein said it would take a year for inflation rates to drop back to 3% to 4%. (Getty Images)
Carlyle Group Co-chairman David Rubenstein said it would take a year for inflation rates to drop back to 3% to 4%. (Getty Images)
CoStar News
February 9, 2022 | 9:40 P.M.

The elevated prices of consumer goods and services vexing the U.S. economy could stick around for a while but not drive the country into a drawn-out period of reduced activity, said David Rubenstein, co-chairman and co-founder of private equity and asset management firm Carlyle Group.

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