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Transcripts For BBCNEWS Verified 20240704

Downgrade is forthcoming and what are the reasons behind it . Are the reasons behind it . This is a warnin are the reasons behind it . This is a Warning Signal are the reasons behind it . This is a Warning Signal and are the reasons behind it . This is a Warning Signal and i are the reasons behind it . This is a Warning Signal and i think are the reasons behind it . This is a Warning Signal and i think the Warning Signal and i think the message they are trying to send is that you have to take this seriously. We have seen what happened recently, it issued a warning saying it would downgrade the us governments Credit Rating and then it followed through on the threat so that is the situation the banks are in. There are concerns circling and we saw higher Interest Rates and the problems caused from regional banks but on top of that there are other concerns looming, notably from the commercial real estate sector, worries that high Interest Rates are causing real problems and the trend of re

Transcripts for BBCNEWS Verified Live 20240604 15:33:00

blockbuster sales for the barbie movie and the taylor swift tour and it has led to economists saying they do not now exceed the us headed for a recession or at least the words they like to use is it is heading for a soft landing because after months of high interest rates there were fears that could cause real pain for the economy but now people think that because of the strength of the us consumer that looks less likely and this report confirms that. . ., ., , in china, the cost of borrowing has been cut in an effort to stimulate its economy. a series of different interest rates have been reduced in a move shortly before a tranche of gloomy economic data were released. retail sales, industrial output and investment are all growing at a slower than expected pace. curiously, beijing left out one key figure. data on youth unemployment was omitted today for societal

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