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rewrite this title 'It's a close call': Chief economist discusses the risk of recession


AMP Chief Economist Shane Oliver says a four per cent increase in the cash rate, pushing mortgage payments to record levels, would elevate recession odds to 50/50. "At the moment, I think it's a close call, but if you get above four per cent, then yes, I would be very worried about a recession," Mr Oliver told Sky News Australia....(read more)


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