Monetary policy tops US CFOs’ concerns

Survey finds high rates curtailing spending in 40% of firms

FOMC meeting January 2019
An FOMC meeting in January 2019

Monetary policy is the foremost concern for chief financial officers in the US, according to the latest results of a quarterly survey.

The CFO Survey is conducted by the Federal Reserve Banks of Atlanta and Richmond, in collaboration with Duke University’s Fuqua School of Business. The latest findings, for the third quarter of 2023, were published on September 27.

“About 40% of CFOs said that the current level of interest rates has caused their companies to pull back on spending. The share of

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