If interest rate settings are wrong it could ‘risk recession’

Sky News Business Editor Ross Greenwood says if the interest rate settings are “wrong,” it could risk a recession.

“Around the world right now … there’s shortages of labour, there’s shortages of skills, and so that’s the one thing that are keeping these economies, including Australia, very much afloat.

“People have got jobs, and so they’ve got incomes, they can pay their mortgages, so things keep going reasonably well.”

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