BBCNEWS Asia Business Report June 4, 2024 00:32:00
Back on spending and hiring. the housing market is slowing both areas sensitive — to changes in interest rates. and more pain may be coming. america's central bank was tipped to raise rates again this week, in what was expected to be its last hike for a while. but after the collapse this week of first republic bank, some are speculating it may already be done, with the fed having to manage inflation growth and now financial stability concerns. slowing the economy too much could lead to a recession. and with inflation moderating and problems with us regional banks still unresolved, america's ...