• 09/21/2024

Australia’s Economic Growth Slowed in Third Quarter as High Rates Bite

Wall Street Journal

Australia’s economy grew by less than expected in the third quarter, fanning concerns that the Reserve Bank of Australia may have hit the policy brakes too hard by continuing to raise interest rates earlier this month.

https://www.wsj.com/articles/australias-economy-grew-more-slowly-in-third-quarter-as-high-rates-bite-5f034d8c