Federal Reserve survey reveals how US firms plan to use tariff refunds

A survey report from the Federal Reserve Bank of Atlanta indicates that the majority of US firms receiving or seeking tariff refunds plan to retain the funds as cash, invest in R&D or new capital projects, temporarily lower prices, or provide bonuses to workers and managers.

Editor's note: The article accurately conveys the information from the source summary.

This article is AI-generated and fact-gated. Original reporting: Livemint Money