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BBCNEWS Talking Business June 4, 2024 23:35:00

And so you had all this money chasing too little supply and of course that inflation comes in. now it s the reverse, as interest rates are rising, the cost of debt and the cost of money has increased and so you see now a tilt towards a recessionary period. the conference board predicts that from about now until the end of the year we should see a short, relatively short, shallow recession, as interest rates tamp down that demand and supply catches up. do you think it s over, that the revenge spending era is over in the united states now? well, it s still a rebound in services, as people continue to try to catch up here. but it s pretty much coming to an end, and if we go into this shallow recession that should put a complete end to it, tadhg. you know, it s really run its course, i think. 0k, well, let s cross the world now to china. what does your research see happening there right now? well, china s a whole different ....

Interest Rates , Conference Board , China S , Tadhg Enright ,