Fed Matters
CNBC CFO Council Fed Matters — November 2021
Host
Steve Liesman, CNBC Senior Economics Reporter
November 2, 2021
CNBC CFO Council Fed Matters — November 2021
On November 2nd, Members of CNBC’s CFO Council heard from CNBC’s very own Steve Liesman ahead of the highly anticipated FOMC decision.
Key Points
- As expected, inflation has remained the number one concern and risk to the economy. Labor shortage has also remained a pressing issue within the United States as a result of the immigration crisis. While we have yet to see any obvious solutions, inflation is certainly the more manageable issue of the two.
- According to CNBC’s Fed. survey. Predictions have expected the fed to taper in November with an average monthly cost of 15 billion. Respondents forecasted a median hike for September 2022 while 44% believe it could be here as soon as July.
- A one size fits all mindset is no longer realistic as becoming more flexible is crucial, especially for older generations in terms of understanding and taking full advantage of new technology.
