77% of CFO"s Forecast a Recession

CFOs are not uniformly of the view that the Fed won't ultimately be able to control inflation. A little over half (54%) express confidence in the central bank, but that's still not enough to alter their view of where current economic conditions and policy decisions are heading: into a recession. 
According to the majority (77%) of CFOs responding to the survey, a recession will occur during the first half of 2023. No CFO forecast a recession any later than the second half of next year, and no CFO thinks the economy will avoid a recession.
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The recession will hit in the first half of 2023 and the Dow is headed lower: CNBC CFO survey (msn.com)