JOB CREATORS NETWORK PRAISES FEDERAL RESERVE DECISION TO KEEP INTEREST RATES STEADY

Washington, D.C. (January 30, 2019)— Alfredo Ortiz, President and CEO of Job Creators Network (JCN), released the following statement after the Federal Reserve announced that it would not raise interest rates:

“For months, Job Creators Network has been ringing the alarm bell about higher interest rates and the threat they pose to small businesses and our economy. The stock market dip in the fourth quarter of 2018, caused by higher rates, was a wake-up call for the Fed, forcing them to rethink their strategy. This is a big win for small business owners and their employees.  Small businesses need stable, reasonable interest rates to keep growing, hire more workers, and raise wages. JCN will continue advocating for stable rates, and we will continue monitoring the Fed to ensure that happens.”