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RBA forecasts slow economic growth and unemployment rising


The Reserve Bank has released its updated forecasts suggesting the economy will slow rapidly but not fall into recession, and unemployment will gradually rise. 

Sky News Business Editor Ross Greenwood says the RBA see Australia not falling backwards at any stage, but economic growth does slow.

The Reserve Bank has released its updated forecasts suggesting the economy will slow rapidly but not fall into recession, and unemployment will gradually rise.

Sky News Business Editor Ross Greenwood says the RBA see Australia not falling backwards at any stage, but economic growth does slow.

The Reserve Bank has released its updated forecasts suggesting the economy will slow rapidly but not fall into recession, and unemployment will gradually rise. Sky News Business Editor Ross Greenwood says the RBA see Australia not falling backwards at any stage, but economic growth does slow.

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