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CFO Dive provides in-depth journalism and insight into the most impactful news and trends shaping the finance industry.
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News
Producer price index rises on energy price surge, lifts odds of Fed hike
3+ day, 6+ hour ago (318+ words) The fresh inflation data prompted traders in interest rate futures to increase the probability that the Federal Reserve will push up the main rate next week. The fresh data on producer prices prompted traders in interest rate futures to increase…...
Inflation, weaker sales erode small business optimism: NFIB survey
5+ day, 7+ hour ago (449+ words) The U.S.-Iran war “has escalated the cost of energy, which raises the price of almost everything,” the National Federation of Independent Business said. Job market health is also a top concern among U.S. consumers, the Federal Reserve Bank of…...
Economy grows ‘modestly,’ with consumers wary of rising prices: Fed
1+ week, 4+ day ago (445+ words) “Input price pressures were notably elevated in manufacturing and construction,” the Fed said in a survey of its 12 district banks. The Fed survey, released two weeks before central bank officials gather to consider changes to monetary policy, flagged a moderate…...
Warsh pledges to slow inflation to 2%, saying Fed may have ‘work to do’
2+ week, 2+ day ago (458+ words) The comments by Warsh prompted futures traders to increase the odds that policymakers next month will push up the main interest rate. The comments by Warsh prompted traders in interest rate futures to increase the odds that policymakers will push…...
Most consumers save no money as inflation erodes buying power: EY
3+ week, 6+ day ago (423+ words) The share of credit card balances delinquent for over 90 days rose to 12.8% in the first quarter of this year from 7.6% in the third quarter of 2022, the Federal Reserve Bank of New York reported. Consumers are altering their outlays to cope…...