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Article: LITTLE IMPACT OF DOLLAR AND PESO ON ECONOMY; FED GETS POOR MARKS ON ECONOMIC GROWTH, SAY U.S. CORPORATE CONTROLLERS
- Article from:
- PR Newswire
- Article date:
- April 28, 1995
CopyrightCOPYRIGHT 1995 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MONTVALE, N.J., April 28 /PRNewswire/ -- Compared to high interest rates, fluctuations in the U.S. dollar and Mexican peso will have little impact on the economy, say U.S. corporate controllers who also rated the Federal Reserve's job of sustaining economic growth as poor in a survey released today by the Controllers Council of the Institute of Management Accountants (IMA).
With 84,000 members, IMA conducted a survey of 2,200 members of its Controllers Council, the corporate officers responsible for investments, cash, and budgets.
According to the 2,200-member Controllers Council of the IMA, 43 percent of the controllers gave poor marks to the Fed and ...