In that event, businesses may trim their capital spending plans, a tendency that would be reinforced by the higher level of market interest rates that borrowers now face. But with large unexploited long-term profit opportunities stemming from still-burgeoning innovations and falling prices of many capital goods, the typical cyclical retrenchment could be muted.
BIS central bankers’ speeches  1  –  and numerous other measures were implemented to guarantee that debit card payments go through without fail, and  –  the introduction of the Connect reporting system has improved communications and guidance among banks, providers, and retailers when payment systems fail.