The fact that the Federal Reserve Bank raised a key interest rate last month could be considered a positive sign. Is this an indication that the Great Recession really is behind us and that there is economic prosperity ahead?
That would be great news for small businesses. But of course, there are dueling views. An editorial in Fortune warns that the rate hike might just be a sign that the big guys who pushed the market to the brink have recovered, not that there is smooth sailing ahead for small businesses or workers. Let’s consider the concerns.
