Growing Confidence In Global Recovery Among CFOs

CFOs are more confident that the global economy is improving than they were a year ago according to a quarterly CNBC Global CFO council poll, with 63% saying that the economy is improving, 8% that it is in decline, and 29% that it’s currently stable. CFOs were most optimistic about the Asia-Pacific, with 88% saying the economy there is improving and the rest calling it stable, and least optimistic on the Americas where 47% said the economy is improving and 18% that it’s deteriorating. “A year ago, there was greater uncertainty over monetary policy and the US fiscal cliff, quantitative…