Interest Rates and Small Businesses

According to WalletHub’s 2023 Small Business Owner Survey, 63% of small business owners say high interest rates are hurting their businesses and 75% say inflation has made it more difficult to run their businesses. More than half (55%) think the Federal Reserve is anti-business. Another interesting finding: Nearly half (49%) of small business owners aren’t in favor of accepting payments in cryptocurrency. #IdeaoftheDay

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