The article is in the Australian press and there really isn't too much to it, but the headline might raise a few eyebrows
Avoiding recession is 'main game' for Reserve Bank, says Luci Ellis
(may be gated)
- Ms Ellis declined to comment on the possibility that Australia's economy might shrink for a second-straight quarter
- The RBA has played down talk of a recession
- The central bank is concerned that the rosy picture depicted by recent labour data masks the underlying vulnerability that much new employment is in the form of less secure part-time jobs - something that could be brutally exposed if the economy runs into trouble
- Ms Ellis said the central bank is keeping the employment situation under close scrutiny.
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Ellis is the new RBA assistant governor (economic)
