Fed Tariff Refund Survey: Companies Lean Toward "Hoard Cash" Rather Than Invest or Cut Prices, Doubts Over Economic Boost

Zhito Finance APP has learned that an Atlanta Federal Reserve survey released on Monday shows that businesses that received billions of dollars in tariff refunds mostly chose to keep the money in hand. As part of the Atlanta Fed's "Business Uncertainty Survey," about one-quarter of the more than 1,100 business executives surveyed in August said they had already received refunds or were applying for them. These refunds are expected to average 1.7% of annual revenue.