Carlyle CEO says the FOMC will hike rates one more time this year

<p>David Rubenstein is CEO and co-founder of the Carlyle Group, a US-based private equity, alternative asset management and financial services firm (Federal Reserve Chair Powell was an employee at the firm).</p><ul><li>Says the FOMC will do one more interest rate hike this year</li><li>says difficult to get top the 2% inflation target</li><li>US economy has good prospect to not drop into recession</li><li>Also says China's economy will avoid recession </li></ul><p>Was interviewed by CNBC. </p>

This article was written by Eamonn Sheridan at www.forexlive.com.