OECD warns on rates, CBA cuts growth view

By Colin Brinsden, Aap Economics and Business Correspondent
Updated June 9 2022 - 7:08am, first published 7:07am
Jim Chalmers says Australia's economy is battling a period of "serious international uncertainty".

Economists at the nation's largest retail bank have downgraded their economic growth forecasts in anticipation of a rapid rise in interest rates this year, although the Commonwealth Bank is not predicting a recession.

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