FEWER than half of company finance bosses believe that they are still facing an above-average level of economic uncertainty, according to a major survey this morning.
Deloitte's latest barometer of chief financial officer (CFO) opinion shows that only 49 per cent are reporting above-average or high financial and economic uncertainty, down from 95 per
The survey also found that more CFOs are concerned about political uncertainty than about tighter monetary policy: on a scale of 100, the CFOs gave 55 and 50 when asked to rate the risk of a general election and an EU referendum respectively. In comparison, higher interest rates came out at just 46.
Very few respondents expect that interest rates will stay at their current level a year from now, with 46 per cent of CFOs expecting a 0.5 percentage point increase, and 40 per cent forecasting a 0.25 point jump.
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