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Watch CNBC's full interview with billionaire investor David Rubenstein on the Fed, markets and more

Billionaire investor and philanthropist David Rubenstein, co-founder of the Carlyle Group, joins CNBC's 'Squawk Box' to discuss his new book 'How to Invest: Masters on the Craft,' weigh in on the Federal Reserve's latest interest rate hike, and more. Rubenstein also explains why he thinks now is not the time to "rush out of the markets" amid the Fed's latest moves. "I think there's going to be a little bit of pain for at least six months to a year," Rubenstein tells CNBC.
09:51
Thu, Sep 22 20228:38 AM EDT

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