Asian Spectator

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Small businesses seek to avoid possible credit crunch as Federal Reserve raises rates once more

  • Written by D. Brian Blank, Assistant Professor of Finance, Mississippi State University
Small businesses seek to avoid possible credit crunch as Federal Reserve raises rates once moreMost small businesses rely on loans to finance at least some of their operations. Westend61/Getty Images

Small businesses – the heartbeat of the U.S. economy – are beginning to feel the pinch of tighter credit conditions as the Federal Reserve continues to increase borrowing costs.

A flurry of headlines in recent weekshas suggested a cre...

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