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Iron ore price falls below $US90 as China contagion spreads

The growing risk of a US recession has compounded anxiety about China’s property crisis, escalating a collapse in raw material prices.

By: Australian Financial Review

Sep 10 2024
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Iron ore price falls below $US90 as China contagion spreads

The growing risk of a US recession has compounded anxiety about China’s property crisis, escalating a collapse in raw material prices.

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Interest rate decisions from the RBA have to follow the data, not the dogma, when leading economic indicators point towards an avoidable recession