RBA: Economy could start to bounce back in September

By Loren Webb · 21 April 2020 · News

RBA: Economy could start to bounce back in September

Economic Boost on the Horizon?

The Reserve Bank has made a promising prediction about the economy's future, but will it be enough to offset the devastating effects of the pandemic? Find out what's in store for the September quarter and beyond.

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Summary

The Reserve Bank says the economy could start to bounce back in the September quarter as government begins to ease coronavirus restrictions towards the middle of the year. RBA Governor Philip Lowe said easing COVID-19 restrictions will undoubtedly help the economy, though moving too quickly could entrench an already disastrous decay in jobs, wages, inflation, and […]