It’s hard to predict the future. Many have doubts whether the Fed will be able to address the issue at all.
In the meantime, good businesses are planning for how to navigate this uncertain terrain. They’re watching their cash, downsizing where necessary, and looking for talent and business acquisition opportunities. Good businesses are not willing to take extraordinary risks.
The Federal Reserve is still struggling to make a significant impact. It’s possible that we could see the Fed rate go up to 6% by June or July.
So, manage your cash flow, watch your debt, and balance your outflow of cash with your inflow of cash. Work together to navigate this crisis and come out stronger on the other side.
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