Event Brief
RBA warns of recession risk amid worse policy trade-offs
Filed: May 05, 2026 at 2:03 AM ET
Summary: The Reserve Bank of Australia says recession risks are rising as inflation persists and growth forecasts are downgraded.
WHO: Reserve Bank of Australia
WHAT: The RBA assessed recession risk while facing rising inflation and downgraded growth forecasts
WHEN: May 05, 2026 at 1:26 AM ET
WHERE: Australia
WHY: No specific cause was reported.
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