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Small Biz Owners: Fed Decision Will Help Growth

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Published: Tuesday, 13 Dec 2011 | 4:56 PM ET
Fed Effect on Business
Checking in on how the Fed's statement will impact U.S. businesses in 2012, with Tammy Darvish, DARCARS Automotive Group; Larry Mocha, Air Power Systems; and Andre Woolery, MagnoGrip.

Small business reaction to the Fed's decision today to leave interest rates near zero, where they have been for the past three years was favorable, although owners say Washington needs to ease regulations in order for small businesses to be able to create the jobs needed to get the economy started again.

Larry Mocha, CEO of Air Power Systems in Tulsa, Okla.; Tammy Darvish, owner of DARCARS Automotive Group in Washington, D.C.; and Andre Woolery, of MagnoGrip in San Francisco spoke to Street Signs today about how the Fed's latest decision will impact their businesses and what they hope to see from Washington in the new year.

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Small business reaction to the Fed's decision today to leave interest rates where they are was favorable, although owners say Washington needs to ease regulations in order for small businesses to be able to create the jobs needed to get the economy started again.

   
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