Recession risk as high as 80 per cent, RBA research shows | The Business | ABC News
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Previously unpublished internal research from
Previously unpublished internal research from the Reserve Bank estimates that Australia's risk of recession over this year and next could be as high as 80 per cent. The research, released through a freedom of information request, includes modelling from a senior analyst in the RBA's Economic Analysis Department. The modelling, conducted in September 2022 and based on the central bank's forecasts from August 2022, considered the risk of recession as it raised interest rates at the quickest pace in recent history.
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