Fed’s Rate Cut Comes With a Wrinkle for Pension Plans
Plus, the CFO of a travel booking firm talks about foreign-exchange risks and more.
Pension plans of S&P 1500 companies are better funded thanks to higher interest rates. With rates falling, liabilities are set to go up. Photo credit: Bloomberg
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Welcome to CFO Briefing, a newsletter devoted to corporate finance and what leaders need to know. This week, I am taking a closer look at the Fed’s rate cut and what it means for corporate pension plans. I also spoke to the finance chief of a Latin American travel firm about incorporating his business in the British Virgin Islands and the economic prospects for Argentina.
But first, here are some other stories that caught my eye: