RBA warned of an imminent rate hike risk plunging Australia into recession | 9 News Australia

The Reserve Bank of Australia is facing intense pressure ahead of their cash rate decision, with leading economists warning that another widely tipped interest rate hike could push the nation into recession. With households already straining under cost-of-living pressures and soaring mortgage repayments, find out what the central bank's next move means for the economy and Aussie mortgage holders. | Subscribe and 🔔: http://9Soci.al/KM6e50GjSK9 | Get more breaking news at nine.com.au FOLLOW 9News Australia ► Facebook:   / 9news   ► Twitter:   / 9newsaus   ► Instagram:   / 9news   Join 9News for the latest in news and events that affect you in your local city, as well as news from across Australia and the world. #BREAKINGNEWS #9NEWS #AUSTRALIA