Small Business Owners Ready To Invest After Fed Rate Cut

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Small Business,Interest Rates,Fed

A new survey reveals that small business owners are optimistic about the future following the Federal Reserve's decision to lower interest rates. The CNBC and SurveyMonkey Small Business Survey for Q3 found that owners plan to increase investments, expand their businesses, or boost inventory due to the lower borrowing costs.

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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