Job Creators Network Statement on Fed Rate Decision

Alfredo Ortiz, CEO of Job Creators Network, released the following statement on the Federal Reserve’s rate decision:

“The Fed’s rate-cut pause reflects the booming Trump economy, which is growing at above 4% due to pro-growth policies. However, small businesses are disappointed by the lack of another rate cut, as they continue to face barriers to credit that prevent expansion and hiring. Small businesses are the engine of the economy, and capital is their lifeblood. Lower rates are critical to empowering them to accelerate the current economic expansion and boost living standards. The next Fed chair should make lower borrowing costs for job creators a priority while continuing the Trump administration’s progress in lowering inflation.”