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Sunday, February 26, 2023

Fundamental: Australia Recession Risk Rises as RBA Seen Hiking More Than Fed

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Alert Alert Feb 27, 2023, 4:30am
 
Fundamental: Australia Recession Risk Rises as RBA Seen Hiking More Than Fed
Reserve Bank of Australia chief Philip Lowe's expectation of further interest-rate rises ahead has prompted economists and money markets to narrow the odds of a recession in the $1.5 trillion economy. There is now a better than one-in-three chance of a slump over the next 12 months, a Bloomberg survey showed, up from one-in-four late last year when Lowe ...
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