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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed is beginning to slow the economy and inflation, says Blackstone COO Jon GrayJon Gray, president and COO of Blackstone Group, joins 'Squawk Box' to discuss the company's third-quarter earnings report, which came in above analysts' estimates on the top and bottom lines.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Blackstone COO Jon Gray on earningsJon Gray, president and COO of Blackstone Group, joins 'Squawk Box' to discuss the company's third-quarter earnings report, which came in above analysts' estimates on the top and bottom lines. Gray also weighs in on the state of the economy as the Federal Reserve moves to raise interest rates to tame inflation. "The Fed, I believe, is beginning to have success on its goal to slow the economy and slow inflation," Gray tells CNBC. "At the same time, there's still a fair amount of momentum in both."
Register now for FREE unlimited access to Reuters.com RegisterSignage is seen outside The Blackstone Group headquarters in Manhattan, New York, U.S., November 12, 2021. REUTERS/Andrew Kelly/File PhotoSept 23 (Reuters) - India's Byju's has paid 19 billion rupees ($234 million) to Blackstone Inc , settling its dues owed to the private-equity firm as part of a $950 million deal to buy Aakash Educational, a source directly involved with the deal said on Friday. While closing the deal, Byju's had paid all of Aakash's shareholders, except Blackstone as the PE firm had agreed on deferred payment, the source said. Register now for FREE unlimited access to Reuters.com RegisterBlackstone did not immediately respond to a request for comment. ($1 = 81.1660 Indian rupees)Register now for FREE unlimited access to Reuters.com RegisterReporting by Yuvraj Malik in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.
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