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Kiplinger
Kiplinger
Business
David Payne

Small Businesses Hit Extra Hard by Rising Interest Rates: The Kiplinger Letter

Hispanic female business owner outside her pastry shop.

To help you understand how interest rates are impacting small businesses, and what we expect to happen in the future, our highly experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You'll get all the latest news first by subscribing, but we will publish many (but not all) of the forecasts a few days afterward online. Here’s the latest…

Higher interest rates hurt all borrowers. But they hit small businesses extra hard. Unfortunately, for small companies, higher borrowing costs are unlikely to ease much anytime soon. So, many small firms will cut back on plans to hire, expand or invest in new capital equipment.

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