Brace for a recession say top CEOs

Business May 18, 2022May 18, 2022 Chuck Berry
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The mood in the C-Suite is darkening.

CEO confidence has tumbled to the weakest level since the beginning of the Covid-19 pandemic, The Conference Board said Wednesday.

For the first time during the economic expansion, CEO confidence is now in negative territory.
Worse, business leaders are bracing for a potential downturn caused by the Federal Reserve’s quest to tame inflation.

A staggering 68% of CEOs surveyed by The Conference Board expect the Fed’s war on inflation will eventually trigger a recession.

Read more at CNN.com

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Chuck comes from a lineage of journalism. He has written for some of the webs most popular news sites. He enjoys spending time outdoors, bull riding, and collecting old vinyl records. Roll Tide!