Australia: Federal Budget to Be Hit By COVID–19 Recession – Increase in Bond Supply of $250bn

<p>The COVID-19 shock to the Australian economy will trigger a deep recession and a sharp spike in the unemployment rate, jumping to 11% by mid-2020. The unfolding economic recession is shaping up to be more severe than the GFC. The Federal budget position will deteriorate sharply over this year and next. We anticipate a deterioration […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/fundamental-analysis/282335-australia-federal-budget-to-be-hit-by-covid-19-recession-increase-in-bond-supply-of-250bn/">Australia: Federal Budget to Be Hit By COVID–19 Recession – Increase in Bond Supply of $250bn</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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