During Inflation or Recession, Higher Interest Rates Present Challenges for Small Businesses

Federal Reserve Chairman Jerome Powell speaks during a news conference Wednesday, Dec. 14, 2022, at … [+] Federal Reserve Board Building, Washington. (AP Photo/Jacquelyn Martin) Copyright 2022 The Associated Press. All rights reserved. Led by Federal Reserve Chairman Jerome Powell, the Federal Open Market Committee raised the federal funds rate seven times in 2022, most … Read more