Companies are cutting back spending plans, pressured by high interest rates 

acquisition and mergers
(iStock)

An increasing number of finance chiefs are cutting their company’s spending plans as higher interest rates squeeze their bottom lines, according to a survey published Wednesday by Duke University’s Fuqua School of Business and the Federal Reserve Banks of Atlanta and Richmond. 


Already an INSIDER? Sign in.

We are glad you enjoy reading Business Report.

Continue reading this story and get ACCESS to all our content from any device with a subscription now.

  • Get access to more than a decade of story archives.
  • Get access to our searchable data center of TOP LISTS.
  • Get exclusive content only available to INSIDERS.