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