Are we headed for a recession? - news.com.au

<p>The global battle against rapidly rising inflation took a worrying turn this week, with the US Federal Reserve raising interest rates by 75 basis points on Wednesday, prompting market chaos.</p>

After a market bloodbath, experts are warning America is on the brink of recession. But what is a recession, and how will it affect Aussie workers?The global battle against rapidly rising inflation t… [+6309 chars]

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