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As the Federal Reserve decides whether to tighten the money supply further, corporate treasurers are scrambling to cope with the effects of more than a year of central bank rate increases, taking steps such as cutting costs and paying down debt.
As the Federal Reserve decides whether to tighten the money supply further, corporate treasurers are scrambling to cope with the impact of more than a year of central bank rate hikes, taking steps like cutting costs and paying down debt.
By Michael Mankins, Global Head of Organization Design, Corporate Strategy and Transformation Practices, Bain & Company and Priyanka Sharma, Asso
(Bloomberg) -- As the Federal Reserve signals it will likely tighten the money supply further, corporate treasurers are scrambling to cope with the impact of more than a year of central bank rate hikes, taking steps like cutting costs and paying down debt. Most Read from BloombergBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonTrump Urges Prosecutors to Drop Case, Offers Defense PreviewNYC’s Rent Surge Defied by N
This article will be released in full online March 13, 2023. Capital, Ben Selwyn writes, has been advancing its interests under the guise of protecting "