Australia Faces Recession Risk if Inflation Persists: RBA Governor
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Australia Faces Recession Risk if Inflation Persists: RBA Governor
RBA Governor Michele Bullock warns of a potential recession if inflation doesn't decrease, despite efforts to avoid it. Learn more. #rba #economy #inflation The Age(@theageaustralia). original sound - The Age. The Reserve Bank does not want to see Australia fall into recession, but if inflation does not fall the country is “going to have to ...
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The economy barely has a heart beat with the latest figures revealing it grew just 0.2 percent in the June quarter and just 1 percent in the 12 months to June this year.This is consistent with market expectations.The Treasurer now saying it's hard to justify the Reserve Bank's view that the economy is running hot. #auspol #inflation #recession #economy #costofliving #7NEWS
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The economy barely has a heart beat with the latest figures revealing it grew just
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