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Some economists are warning we're heading for an unnecessary recession. Economists at the consultancy firm Deloitte are warning of a potential recession should the Reserve Bank keep hiking interest rates. Australian consumers surprised everyone with their continued appetite to spend all through last year despite the official cash rate jumping from 0.1 percent to 3.1 percent and inflation rocketing to its highest level since the early 1990s. Retail spending held up remarkably well. But the econom
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