are preferring
-préfères
Present progressive conjugation of prefer. There are other translations for this conjugation.
The banks are reluctant to lend to businesses with uncertain futures, and likewise, consumers are preferring to save instead of spend.
Les banques sont réticentes pour prêter de l'argent à des entreprises à l’avenir incertain, tandis que les consommateurs préfèrent économiser au lieu de dépenser.
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