Australian economy at a ‘fork in the road’ amid anticipation over RBA’s next rate decision
Deloitte Access Economics Lead Partner Pradeep Philip says the Australian economy is at a “fork in the road”.
“How the Reserve Bank, in particular, reacts to inflation numbers that are due at the end of this month and employment and growth numbers over the next couple of months is going to be really important,” he told Sky News Australia.
“It could be the difference between the continuation of a cautious recovery or a recession.”
Credit to : Sky News Australia