Jul 2, 2024, 3:14 PM
(From CFO) The second half of 2024 sees CFOs focused on two key trends: the Federal Reserve’s actions and the presidential election, according to Nick Florio, principal at UHY. Interest rate changes by the Fed significantly impact financing costs and signal economic health, while the presidential election influences tax rates, regulations, and economic policies that can alter business strategies. CFOs must prepare for various scenarios to ensure their organizations are well-positioned, regardless of election outcomes, Florio advised.
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