Inflation Isn’t Going Away Anytime Soon, CEOs Say

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By Dan Weil A total of 59% of U.S. CEOs think consumer and producer prices will continue to rise at least into next year, according to a Conference Board survey. The inflation juggernaut doesn’t look like it’s going away anytime soon. A total of 59% of U.S. CEOs think inflation will last at least into next year, according to a Conference Board survey. “To cope with rising inflation, [CEOs globally] plan balancing actions that include cutting costs, passing increases downstream to consumers and end users (the strategy most favored by U.S. CEOs),” the report said. It also said CEOs plan to “abso…

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