ABC News Australia
International ยท 1 hrs ago
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RBA risks a recession but feels there's nothing else it can do
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Accuracy 72/100
Partisan intensity 45/100
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Centre / Neutral โ Fair headline
The Reserve Bank of Australia faces a difficult economic situation with rising inflation and weakening growth forecasts, with limited policy options available to address both challenges simultaneously.
RBA risks a recession but feels there's nothing else it can do
Monetary policy trade-offs are getting worse. The Reserve Bank of Australia is confronting rising inflation and downgraded growth forecasts. And there's nothing it can really do about it.
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