Inflation battle will determine winner of recession war
Australia's prospects of avoiding recession hinge on the global battle against inflation, with an alarming new report highlighting the likelihood of a recession in 2023 or soon after.
The prospects of avoiding recession are largely dependent on how the global battle against inflation evolves. (Image source: Shutterstock.com)
The consensus that a recession is looming is becoming more difficult to ignore with each passing week, and an alarming new report only reinforces those economic fears.
The latest Econosights report by AMP senior economist Diana Mousina makes a compelling case for economic deterioration.
The battle to overcome inflation is shaping as the key determinant in the war against recession.
Ms Mousina said history indicates there is a good chance the e…
