Today the FOMC obtained an unusual objective: It completely walked back a policy narrative implemented in December without meaningfully changing its domestic economic outlook, all while signaling no interest rate increases in the near term. This is a rare strategic retreat by the central bank, clearly driven by doves on … … READ MORE >
Economics
Middle market companies yet to embrace hedging, despite mounting costs
Subtitle
Despite mounting cost pressures on their supply chains, just a fraction of middle market companies appear to be hedging commodity prices for the longer term, recent RSM research shows. Nearly 70 percent of executives surveyed in the proprietary RSM US Middle Market Business Index survey said they paid more for goods … … READ MORE >