Jeff Currie Says Commodities Set to Rally Further If Fed Cuts
- Carlyle’s Jeff Currie sees rate cuts supporting commodities
- ‘Upside here is significant,’ the ex-Goldman analyst says
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Oil prices are set to rise well above the current consensus view of $70 to $90 a barrel if the US Federal Reserve cuts interest rates in coming months, according to Carlyle Group LP’s Jeff Currie.
“I want to be long oil and the rest of the commodity complex in this environment,” Currie told Bloomberg TV Tuesday in his first interview since joining Carlyle from Goldman Sachs Group Inc., where he became the public face of the Wall Street bank’s commodities research and was well-known for his bullish price calls.