Oct 28, 2019
Fewer companies say Fed rate cuts will improve their business
A survey from the National Association for Business Economics found members are bracing for the economy to slow.
More companies are feeling interest rate changes won't affect them.
Carl de Souza/AFP via Getty Images
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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