Wednesday, October 28, 2020

RBA's Guy Debelle calls end to technical recession but reality is painful climb back

There are encouraging signs that the economic recovery is underway with the Reserve Bank deputy governor Guy Debelle declaring the recession might be over. 

But how big a call is that given the economic pain being felt around the country from restrictions imposed to control the pandemic? 

ABC's Peter Ryan says the economic contraction has likely hit the bottom but the recovery will be slow and painful.

I also speak with Thomas Oriti on ABC NewsRadio


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