A turbulent year may lie ahead – CEOs at Davos are optimistic

Satya Nadella, CEO of Microsoft, speaks at a discussion event at the World Economic Forum. (Image: Getty)

Wed, 17 Jan 2024

By Chip CutterDAVOS, Switzerland – CEOs and business leaders at the World Economic Forum are feeling increasingly confident about the US economy and the strength of consumer demand despite protracted conflicts around the world, a looming US election and worries about new trade disruptions.The duelling sentiments on display this week reflect hopes of a so-called soft landing in the US, as inflation cools and the labour market remains strong. Many leaders also expect the Federal Reserve to lower interest rates this year, potentially opening...

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