HOW INTEREST RATE HIKE IMPACTS SMALL BUSINESSES IN KITSAP COUNTY.
Interest rate hikes impact everyone, and small businesses are no exception. In an effort to curtail inflation, the Federal Reserve is increasing interest rates for the first time since 2018. Higher interest rates can impact small businesses’ cash flow and their ability to borrow, reinvest, and even hire workers. Seven out of 10 small business …
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