BBCNEWS BBC News June 4, 2024 15:41:00
We are expecting softness in the marketplace for about six months or so. we are seeing lots of softness in the market as far as demand. the commitment in terms of long—term blanket orders with customers, we are not saying that either, so we are having challenges with that. american businesses are pulling back on spending and hiring. the housing market is slowing, both areas sensitive to changes in interest rates, and more pain might be coming. america's central bank was tipped to raise rates again in what is expected to be its last hike for a while, but after this week's collapse of the firs...