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Would the RBA tip Australia into recession to curb inflation?
Original: Would RBA tip Australia into recession to curb inflation? | ABC NEWS
Australia's central bank, the Reserve Bank of Australia, is facing questions over whether it would keep raising interest rates even if that pushed the country into recession, as it works to bring inflation back to target. The debate has drawn wide public attention, with commentators weighing the cost of aggressive tightening against the damage of persistent high inflation.
Why now: Interest rate decisions are dominating Australian public debate as inflation stays high and recession fears grow.
Reserve Bank of AustraliaAustraliaABC News
Evidence
- Would RBA tip Australia into recession to curb inflation? | ABC NEWS · ABC News (Australia) · 116.8K
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