CFOs, by the nature of their position, tend to be focused on risks and less likely to go out on a limb with their predictions as a result of it. The quarterly CNBC CFO Council survey is a sampling of the views of chief financial officers at corporations across the economy, with this quarter's survey including responses from 30 CFOs gathered between March 17-March 28.fell back below 30,000 before reaching a new high.
This cautious view of the economic outlook goes with a clear, if small, shift in the balance of risks being weighed by CFOs. Both "inflation" and "Federal Reserve" policy were cited by fewer CEOs this quarter as the biggest risk their business faces, while consumer demand was cited more often. A few risks seem gone for good: for the first time in many quarters, no CFO cited the Russia-Ukraine war or Covid as a top concern.
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