CEOs grow a bit more apprehensive as tariff uncertainty weighs
Source: msn/Axios
11h
A key measure of CEO confidence dipped slightly lower into negative territory, according to a survey of executives out Thursday morning.
About two-thirds said they expect stagflation over the next year and a half.
Why it matters: It's a sign of the uncertain business environment as leaders grapple with a constantly changing policy landscape, particularly around tariffs.
By the numbers: Confidence dipped one point from the previous quarter, to 48, per the report from the Conference Board, a nonpartisan think tank and the Business Council, an association of CEOs.
A number below 50 reflects more negative than positive responses.
64% of CEOs said that they are preparing for a mild economic slowdown with slightly increased inflation pressure a one-two punch known as stagflation.
Only 22% said they were preparing for a "balanced economy with trend growth and gradual reduction in inflation pressure."
Friction point: The CEOs said geopolitical, cyber and AI are their top concerns.
Read more:
https://www.msn.com/en-us/money/markets/ceos-grow-a-bit-more-apprehensive-as-tariff-uncertainty-weighs/ar-AA1OzXb1
Link to Conference Board
PRESS RELEASE -
CEO Confidence Ticked Down to Further Below Neutral in Q4