That's according to the CNBC CFO Council Survey for the first quarter, which shows a dramatic year-over-year change in the view from CFOs about the Federal Reserve's inflation battle.
The percentage of CFOs who think the Fed will be able to achieve a soft landing has reached a five-quarter high, at 48%.
According to the Q1 survey, the largest percentage of CFO respondents (44%) do not expect a rate cut until September.
In the Q1 CFO survey, equal groups of just under 25% of CFO respondents think the cuts will begin in June or July.
Despite CFOs expecting a slower moving Fed than traders, the latest quarterly view represents an increase in dovish expectations.
Persons:
CFOs
Organizations:
CNBC, Survey, CPI
Locations:
U.S, CFOs