Confidence with a question mark
NAB Morning Call
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The Q2 GDP and the Medium-Term Lending Facility
There's the real possibility that's going to be a rate cut. China doesn't have a problem of the cost of borrowing, if you know,. There's no appetite for borrowing, which is very different. And that's where the fiscal stimulus needs to come through. The big announcement we think will happen in terms of how much stimulus will occur and what sort of sectors will be supported.
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