Fewer companies say Fed rate cuts will improve their business

Erika Beras Oct 28, 2019
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More companies are feeling interest rate changes won't affect them. Carl de Souza/AFP via Getty Images

Fewer companies say Fed rate cuts will improve their business

Erika Beras Oct 28, 2019
More companies are feeling interest rate changes won't affect them. Carl de Souza/AFP via Getty Images
HTML EMBED:
COPY

More companies in the latest National Association for Business Economics survey said their sales are down and profits are weak. In addition, they don’t think lower interest rates will change things by the end of the year. Just three months ago, they were much more optimistic about the Fed’s impact.

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