A clearly articulated ABC Australia primer on the current direction of the economy dictated by inflation. What happens in Australia indicates what will happen elsewhere.
There’s one bright star on the horizon: After interest rates increase for only a few times more, inflationary pressures will recede due to shortages and backlogs getting sorted out and we get on an even keel and then perhaps grow. If that doesn’t happen, we have to be ready for a recession and all it entails. Wall Street has entered 'bear' territory and recession is on the cards. What does it mean for the Australian share market? - ABC News https://www.abc.net.au/news/2022-06-15/share-market-correction-recession-inflation-us-federal-reserve/101152186 Roland. Toronto.
