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September 01, 2020 1:28pm
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No major US company surveyed by CNBC supports Trump's call for Fed to cut interest rates

Not a single North America-based CFO on the CNBC Global CFO Council thinks that the Fed should cut interest rates, which President Trump and his economic advisors have been demanding. The majority of CFOs expect the Federal Reserve to neither increase or lower interest rates this year, according to a new survey, consistent with recent commentary from Fed chairman Jerome Powell.
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