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Top forecaster's dire prediction if Iran war drags on

HSBC warns recession risk grows if oil stays above $100 a barrel through 2026, with unemployment rising to 5.5% amid higher inflation and interest rate hikes.

Summary by PerthNow
Australia could enter a recession, with the Reserve Bank raising interest rates a further three times, economists warn as fears of a protracted conflict mount.

2 Articles

PerthNowPerthNow
Reposted by
The ExaminerThe Examiner
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Top forecaster's dire prediction if Iran war drags on

Australia could enter a recession, with the Reserve Bank raising interest rates a further three times, economists warn as fears of a protracted conflict mount.

·City of Perth, Australia
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  • 50% of the sources lean Left, 50% of the sources are Center
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The Examiner broke the news in on Monday, March 30, 2026.
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