
Honeywell CEO warns on inflation: 'We have to be careful'
CNN
Honeywell CEO Darius Adamczyk is cautioning Washington against doing more to boost a red-hot economy that's already grappling with rising inflation, worker shortages and materials in short supply.
"The economy is doing a little bit better than people expect. It's actually humming along," Adamczyk told CNN Business. "I do believe we have to be careful about unintended consequences — which would be inflation." His own Honeywell (HON), the world's largest industrial conglomerate by market value, is already struggling to keep up with pricing pressure on everything from labor to steel.
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As a shrinking number of Transportation Security Administration agents work to keep hourslong security lines moving despite not being paid, President Donald Trump stepped into the fray Saturday, announcing he will send Immigration and Customs Enforcement officers to airports by Monday if Congress doesn’t agree to a plan to end the partial government shutdown.











