U.S. corporate finance chiefs continue to cite tariffs as a top concern and on average see prices rising more than 4% next year, according to a survey released on Wednesday that may add to Federal Reserve concerns that current price pressures will keep it from reaching its 2% inflation target anytime soon.
"Businesses definitely see their input costs higher than they were before, and to the extent possible they're going to try to preserve their margins. And to do that, there's going to be upward pressure on prices," Atlanta Fed President Raphael Bostic said in comments ahead of the release of the quarterly survey of chief financial officers, one of several the Atlanta Fed helps field that have a national scope. "The responses we're getting suggest that those pressures will sustain...well into 2026. So that combination of things has me much more concerned about how inflation will evolve over the next six to 12 months."
Source : Money.usnews.com