Treasury: Page 2

Inflation to slow, settling close to Fed target in 2025: Wolters Kluwer

The forecast that price pressures will fall aligns with a 13% decline this month in sentiment among consumers, who fuel roughly 70% of economic growth.

By Jim Tyson • May 10, 2024

Fed likely to hold rates high before cutting twice in Q4: Conference Board

Central bank officials this week have signaled that strength in hiring and economic growth may prompt the Fed to keep interest rates high longer than previously expected.

By Jim Tyson • May 8, 2024

Explore the Trendline➔

Workforce wages: solving the cost-talent puzzle

In today’s strong labor market, CFOs leery of raising wages find creative ways to find and retain key employees.

By Cneche staff

AI-driven cash flow management startup gets $15M boost

Panax is among companies that say they’re seeing high demand for finance automation tools as businesses try to navigate an uncertain economic environment.

By Alexei Alexis • May 8, 2024

Why collections need more CFO love in today’s cash-hungry market

With higher rates and an uncertain economy, many companies are paying invoices late because they don’t know when capital will be available next, Capchase’s Przemek Gotfryd writes.

By Przemek Gotfryd • May 3, 2024

Auditoria.AI’s ‘human-in-the-loop’ option targets automation-wary finance teams

When it comes to new technologies, CEO Rohit Gupta sees CFOs and their finance teams as “fast followers” rather than early adopters.

By Maura Webber Sadovi • May 1, 2024

Fed holds main rate steady, citing lack of progress against inflation

Fed Chair Jerome Powell said that the central bank will likely need to sustain current borrowing costs longer than it had expected early this year.

By Jim Tyson • May 1, 2024

Wage gains, inflation undercut Fed forecast for three rate cuts this year

A report of rising wages prompted traders in interest rate futures to dial down bets on reductions in the Federal Reserve’s main interest rate.

By Jim Tyson • April 30, 2024

FedNow pricing aimed at avoiding market disruption

The Federal Reserve aimed to “not upset the marketplace as a second mover” when it set fees for the new instant payments system last year, a Fed official said Wednesday.

By James Pothen , Lynne Marek • April 29, 2024

Companies cut salary budget increases to 3.6%, trim promotions: Mercer

Plans for slower gains to salaries align with Thursday data showing that economic growth slowed to just 1.6% last quarter, far less than expected.

By Jim Tyson • April 25, 2024

Stubborn inflation to keep rates ‘higher for longer’: Fannie Mae

Economists have marked down their estimates for the number of quarter-point cuts to the federal funds rate from as many as six to one or two.

By Jim Tyson • April 23, 2024

Controllers hunt for workarounds to ‘continuous’ reporting, accountant shortage

As leaders of their firms’ accounting operations, many controllers are outsourcing work and using AI to speed accounts payable and receivable tasks.

By Chris Gaetano • April 19, 2024

CFOs forecast stronger economy amid stubborn inflation: ACCA, IMA survey

Top financial executives across North America ranked inflation as their top “risk priority,” ACCA and IMA found in a survey.

By Jim Tyson • April 19, 2024

Werfel sees IRS budget request yielding $341B in extra revenue

The IRS chief testified to a Senate committee after Republican lawmakers secured a $20-billion cut to the agency’s budget.

By Jim Tyson • April 17, 2024

Powell: Inflation data deny Fed ‘greater confidence’ needed to cut rates

The Fed chair is just one of many policymakers who, in the face of persistent price pressures, has voiced no urgency in reducing borrowing costs.

By Jim Tyson • April 16, 2024

Biden tax negotiator rejoins KPMG as election weighs on Pillar 2 prospects

Although the U.S. has yet to sign on, the OECD’s new Pillar Two tax rules already apply in more than 30 countries, Michael Plowgian said.

By Maura Webber Sadovi • April 16, 2024

How AI speeds ‘hugely time-consuming’ pricing, quote tasks

Artificial intelligence could cut anywhere from 30% to 70% of the time businesses spend on the quote process, according to Lydia DiLiello, CEO of Capital Pricing Consultants.

By Maura Webber Sadovi • April 15, 2024

Inflation outruns forecasts, prompting market bets on fewer Fed rate cuts

Futures traders cut from 56% to 17% the odds that the Fed will conclude 2024 having trimmed the main rate by more than a half percentage point.

By Jim Tyson • April 10, 2024

Hiring will likely grow even as economy slows in Q2, Q3: Conference Board

Employment will likely remain strong as the supply and demand for labor gradually come into better balance, economists said.

By Jim Tyson • April 9, 2024

6 tips to tackle unpaid invoices as average DSO rises to 59 days

Monitoring and keeping DSO in check is key to preventing cash flow difficulties, Allianz Trade’s Ano Kuhanathan says.

By Maura Webber Sadovi • April 8, 2024

Powell calls recent inflation, job data high but not game changers for Fed

The central bank must balance the risks of easing monetary policy too early or too late, Powell said.

By Jim Tyson • April 3, 2024

5 tips from CFOs on how to win the CFO seat: McKinsey

Executives aiming to rise to the CFO seat have faced a bright landscape in recent years, with turnover unusually high.

By Jim Tyson • April 2, 2024

IPO market strengthens as economy defies recession forecasts: EY

Investor enthusiasm for artificial intelligence may spur companies to go public in coming months, EY said.

By Jim Tyson • April 1, 2024

Inflation ‘bursts’ may exceed Fed’s 2% target due to public debt: Brookings

Policymakers face several inflationary forces, including rising spending on defense and aging populations, economists said in a Brookings paper.

By Jim Tyson • March 29, 2024

SEC fines Arista Networks founder Bechtolsheim $1M for insider trading

Andreas “Andy” Bechtolsheim, who resigned as Arista chairman in December, allegedly arranged put options contracts for a relative based on non-public information about an imminent deal.

By Jim Tyson • March 26, 2024

Tax-free M&A comes in crosshairs of bipartisan Senate legislation

An effort to scuttle deal-making tax exemptions coincides with signs of life in M&A after a severe slump last year.

By Jim Tyson • March 25, 2024