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Flat White

No recession, but a big policy ask ahead

9 September 2019

2:04 PM

9 September 2019

2:04 PM

The economic ghouls may be disappointed that last week’s real GDP read-out for the quarter came without a minus sign. There is no hint of recession. The ‘fiscal stimulus for dummies’ book can go back on the shelf.  But one doesn’t need to be a ghoul to find plenty to worry about in the national accounts details.

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