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Further rate rises risk tipping economy ‘over the edge’

Luke Yeaman said further tightening could tip Australia into recession as households strain and oil prices keep inflation elevated.

The chief economist of the country’s largest bank has warned the RBA is risking a recession as it battles inflation.

4 Articles

Sydney Morning HeraldSydney Morning Herald
+3 Reposted by 3 other sources
Lean Left

Further rate rises risk tipping economy ‘over the edge’

The chief economist of the country’s largest bank has warned the RBA is risking a recession as it battles inflation.

·North Sydney, Australia
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  • 75% of the sources lean Left
75% Left

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Sydney Morning Herald broke the news in North Sydney, Australia on Monday, October 19, 2026.
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