Why Blackstone’s Schwarzman Says U.S. Fed Rate Cut ‘Is A Bit Of A Failed Experiment’
Stephen Schwarzman, co-founder and chief executive officer of Blackstone Group Inc., stands for a photograph before an interview in New York, U.S. (Photographer: David ‘Dee’ Delgado/Bloomberg)

Why Blackstone’s Schwarzman Says U.S. Fed Rate Cut ‘Is A Bit Of A Failed Experiment’

The world’s largest alternative asset management firm termed the U.S. Federal Reserve’s decision to cut interest rate to contain the economic damage from coronavirus “a bit of a failed experiment” ...
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