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Leading economist warns of a significant risk of recession if interest rates rise | The Business

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ABC News (Australia)

ABC News (Australia)

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The RBA Governor Michelle Bullock has flagged the board won't hesitate to increase interest rates, but critics say another hike would risk crashing the economy.
The Australia Institute Executive Director Richard Denniss says increasing interest rates is "dangerously unnecessary" and it's more important to avoid a recession than get inflation down to the RBA's target range of 2-3 per cent.
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