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Australia’s biggest recession risk isn’t interest rates

The interest rate futures market overwhelmingly expects the Reserve Bank of Australia (RBA) to lift the official cash rate by 0.25% on Tuesday. The futures market has also priced in a high probability of two further rate hikes over the next six months, which would take the cash rate to 5.10%. Given that mortgage payments The post Australia’s biggest recession risk isn’t interest rates appeared…

We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.

Read the original at macrobusiness.com.au →

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