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The New Daily

Business

Alan Kohler

Alan Kohler: A recession we don’t have to have is coming, and it will be the RBA’s fault

RBA Alan Kohler BIS Inflation Recession Interest Rates Philip Lowe Economy

The RBA has turned on a sixpence, writes Alan Kohler. Photo: TND/Getty

As we end one financial year and start another, it looks impossible to avoid a recession.

The global economy is experiencing its sharpest slowdown in 80 years and inflation is surging. Stagflation is at hand.

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Top stories on inkl right now

Republican US senator facing re-election settles six-year bakery debt

Roger Marshall says he has ‘no idea how this happened’ and repaid bill double for 2020 election watch party treats

The Guardian - US

Thousands without power in Florida and Alabama as Isaias moves north

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Four youths were rescued from dangerous waters and a cliffside cave at Thornwick Bay after a rising tide left them struggling in rough sea conditions.

International Business Times UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Sixth Circuit Affirms Universal Injunction Against Tennessee "Abortion Trafficking" Law that Does Not Reach Plaintiffs' Conduct

This is a case in which Judge Sutton may agree that the decision is not merely wrong, but also en-banc-worthy.

Reason

Trump steps up war on media as DOJ investigates 5 TV networks over White House pool coverage

‘Group boycotts among commercial competitors can violate the Sherman Act’ a DOJ spokesperson claimed

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