Amol Dhargalkar discusses why CFOs are more optimistic about the economy in the Wall Street Journal
Summary
The Wall Street Journal interviews Amol Dhargalkar about the strong labor market and moderating inflation and how that plays into recession concerns lessening.
Amol Dhargalkar in the Wall Street Journal“I wouldn’t say it’s ‘Full steam ahead, let’s go, with reckless abandon.’ But it’s certainly not, ‘We think recession is coming so let’s cut back right away.’ ”
Finance chiefs at companies have grown more encouraged throughout the year that the U.S. economy will skirt a full-blown downturn. As CFOs strive to understand both approaches to the uncertainty, they are mixed on whether it is time to unwind some of their belt-tightening or pursue new avenues of growth.
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