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RBA's latest forecasts are grim. Here are 5 reasons why

  • Written by Isaac Gross, Lecturer in Economics, Monash University
RBA's latest forecasts are grim. Here are 5 reasons whyShutterstock

After lifting interest rates for a record nine times in a row, and flagging more raises still to come, the Reserve Bank of Australia’s latest set of forecasts make for grim reading.

The forecasts are part of the central bank’s quarterly Statement on Monetary Policy, its main communication (aside from interest rates) on how...

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