Third, the borrowing cost in some cases is lower than the deposit interest rate.

第三，在某些情况下，借贷成本是低于存款收益的。

That extra borrowing cost is likely to hold back business investment and hiring, especially by smaller companies, and restrain consumer spending in the economy at large.

额外的贷款成本可能抑制企业投资和招募,对规模较小的公司来说尤其如此,而且从整体经济看,也会限制消费者的支出能力.