RBA Faces Dilemma as Recession Deepens and Interest Rate Hike Risks Loom =============== #c0f71ab7 ver:1.0 The Reserve Bank of Australia (RBA) faces a dilemma as recession deepens and interest rate hike risks loom. RBA cautious on rate hikes, unlike other central banks. UBS predicts RBA may raise rates in August. Australian economy expands, but higher rates could cripple household spending. Retail sales figures and other economic indicators will influence RBA's decision. #RBA #interestrates #economy #recession... #newstr #Rba #InterestRates #Recession #Gdp #HouseholdIncomes #AustralianRetailSales #RbaRatePath https://here.news/story/c0f71ab7?ver=1.0