Per capita recession Banks forecast longer downturn as more interest rate rises loom

Australians face a per capita recession for years, and even a brief contraction in early 2024, as RBA minutes reveal central bankers are still fearful inflation will remain stubbornly high. Westpac chief economist Bill Evans said on Tuesday that a population-adjusted downturn is slated for 2023 and 2024, as higher…Read More

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