Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion centre around rising forecasts of a US recession, the Bank of England’s hike in interest rates to combat inflation, CFOs planning to fast-track business payments digitization, and the transition from LIBOR making progress.
1:21 - Forecasters raise the probability of a US recession as Fed set to hike interest rates by 25 basis points
5:12 - Bank of England raises interest rates again to combat inflation
6:36 - Business payments digitization to be fast-tracked by most CFOs
12:21 - Transition from Libor ‘making progress’
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