Fresh speculation has emerged that the Reserve Bank of Australia will raise interest rates three more times this year as it is forced to respond to global inflation pressures.
The chance of Australia slipping into a recession continues to grow as cost of living surges, with Mark Bouris predicting there is a "big chance" it will occur within the next couple of months.
RBA to hike until economy breaks macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.