FYI: Rising interest rates typically rank low on small-business owners' list of problems, but some warning signs are starting to emerge.
Higher rates are already starting to bite into some businesses' bottom lines, and the effect is likely to get stronger as the Federal Reserve continues to raise rates amid the strong economy. The Fed made its latest move last week, raising its benchmark rate by a quarter of a percentage point, and economists expect one more increase in December and at least a couple more next year.
Regards,
Ted
https://www.msn.com/en-us/money/smallbusiness/signs-emerge-that-rising-rates-could-hinder-small-businesses/ar-BBNVMB5?srcref=rss
