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At its most recent FOMC meeting on Wednesday, the Federal Reserve issued a mixed view on the risks of inflation vs. recession. But results of the Financial Executives International (FEI) Baruch-Zicklin School CFO survey finds that CFOs are less ambiguous: They rank economic slowdown as their biggest concern. Twenty-four percent of the CFOs participating are quite to very concerned about recession, compared to only 10 percent who feel the same about inflation. When asked to rank economic worries, U.S. economic growth was at the top, with inflation a distant tenth. Health care costs, consumer demand and costs of regulatory compliance were also prevalent concerns.
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