Is Australia headed for a recession? I hope not - but the RBA should be more worried

The RBA governor, Michele Bullock, was asked whether she’d be prepared to put Australia into recession – if that’s what it takes to bring inflation down. Her response was not altogether comforting, writes Greg Jericho. Photograph: Hollie Adams/Reuters

As I write this, I sigh and realise that despite the president of the United States dropping his threats to commit war crimes and destroy Iranian civilisation, he is always a chance to set the world on fire because it’s been more than 20 minutes since he had a Diet Coke.

This, of course, is hyperbolic. I think.