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Fortune
Fortune
Sheryl Estrada

Former head of Atlanta Fed tells CFOs he would prepare 'budget A' and 'budget B' amid Trump uncertainty

US Federal Reserve Trump Atlanta Deloitte
Dennis Lockhart, wearing a suit and tie, mid-sentence speaking during an interview (Credit: GETTY IMAGES)

Good morning. The Federal Reserve did not lower interest rates on Wednesday. That will likely influence the decision-making process for many CFOs when it comes to capital expenditures. 

On Wednesday night in Atlanta, during Fortune’s CFO Collaborative dinner, sponsored by Deloitte, Dennis Lockhart, former president and CEO of the Federal Reserve Bank of Atlanta, told a group of finance chiefs from leading companies that he wasn’t surprised by the Fed’s decision. 

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