New Job Creators Network Polling Shows Small Businesses Overwhelmingly Want Lower Interest Rates
Washington, DC — New Job Creators Network polling, conducted by John McLaughlin and Scott Rasmussen, finds American small businesses overwhelmingly want lower interest rates to access credit. The Federal Reserve cut interest rates by 25 basis points at its meeting today.
Specifically, 69% of small businesses say it is difficult for them to access credit in this interest rate environment, and 74% support the Fed lowering rates to increase their credit access and lower loan costs.
See the poll here and these specific poll questions on the last two slides. This poll is the only national scientific survey of small businesses.
Alfredo Ortiz, CEO of Job Creators Network, released the following statement:
“American small businesses overwhelmingly want lower interest rates to access the credit they need to take advantage of Republican tax cuts. Wednesday’s rate cut is a step in the right direction and an admission by Chairman Powell that President Trump’s perspective on interest rates has been correct all along. Tax cuts, rate cuts, and pro-growth Republican policies can fuel a Main Street resurgence that dramatically boosts the labor market and broader economy in the months ahead.”
