SYDNEY, Dec 2 (Reuters) - Australia's economy rebounded sharply in the third quarter from a coronavirus-induced recession as consumer spending surged though the country's top central banker signalled ...
What is a recession? What are the key indicators of a recession? How do government and central banks respond to recessions? What are the causes of recessions? How can individuals and businesses ...
Inflation has slowed significantly and growth of the nation's gross domestic product has remained solid, but some economists still expect a mild recession this year. How could a modest downturn happen ...
Australian Treasurer Chalmers poses for a photograph as he arrives to attend a G20 finance ministers' and Central Bank governors' meeting at Gandhinagar SYDNEY (Reuters) -Australia will be able to ...
First, some background: Three years ago, as the economy recovered from the brief COVID-19 recession, economists were already talking about another downturn. Russia had invaded Ukraine. Inflation was ...
As economic uncertainty from the COVID-19 pandemic mounts, one organization is predicting the damage could be the worst the world has seen since the Great Depression. The International Monetary Fund ...