BUSINESSFORTUNE
U.S. companies swallowed the oil shock. They’re not sure they can do it again
U.S. companies absorbed increased energy costs from the Strait of Hormuz closure, but CFOs express growing pessimism about broader economic inflation and growth. A Fed survey shows firms cut economic growth projections to 1.8% and 25% cite inflation as their top concern, while oil prices remain elevated despite a reopened but constrained trade corridor.
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