Small Business Owners Plan Investments After Fed Rate Cut

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Small Business,Interest Rates,Inflation

A new survey reveals that small business owners are optimistic about the Federal Reserve's decision to lower interest rates, with plans to increase investments, expand their businesses, and boost inventory. While inflation concerns remain, many believe it has peaked.

New polling on small business owners shows operators expect to put increased capital to work after the Fed's decision to lower interest rates.

One in three small business owners believe that inflation has peaked, up 9 points from last quarter's 24 percent reading, according to the survey, but cost concerns still linger in the small business community.Small business owners are collectively breathing a sigh of relief at the Federal Reserve's widely-anticipated decision to cut interest rates last week, and new data show owners expect to put that increased capital to work.

 

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