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CFOs raise inflation forecasts, flag interest rates as top worry
Original: Corporate finance chiefs lift inflation outlook, cite rates as concern - Fed survey
A Federal Reserve survey of corporate finance chiefs finds that chief financial officers have raised their expectations for inflation and now cite interest rates as a key concern. The shift suggests businesses are bracing for price pressures to persist and for borrowing costs to remain a constraint on investment and hiring decisions.
Why now: The Fed's latest survey signals that corporate America expects inflation and high rates to persist, with implications for markets and Fed policy.
Federal Reservechief financial officers
Evidence
- Corporate finance chiefs lift inflation outlook, cite rates as concern - Fed survey · The Daily News | Texas' Oldest Newspaper
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