Wednesday, April 12, 2023

Global recession risks growing, International Monetary Fund warns

The International Monetary Fund is warning that the risk of recession in many countries is growing as rising interest rates and fears of a banking crisis rock the global economy.

And it's becoming clear Australia won't be spared from any fallout with economic growth downgraded to just 1.6 percent this year  providing a bleak backdrop to next month's Federal Budget.

Here's my analysis on the AM program

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