Many leaders also expect the Federal Reserve to lower interest rates this year, potentially opening up more dealmaking and spending. On the sidelines of the annual gathering of more than 800 CEOs and chairs, business leaders ticked off their reasons for confidence about the economy. Despite the tumult in the world, a number of CEOs said they remain optimistic. “The world crises keep stacking one on top of the other," said Blake Moret, CEO of industrial automation company Rockwell Automation. Gunjan Banerji, Marie Beaudette, David Benoit, Kimberly S. Johnson, Kim Last, Cara Lombardo and James Mackintosh contributed to this article.

Source: Wall Street Journal January 17, 2024 08:09 UTC