Unanimous uncertainty
NAB Morning Call
00:00
Australia's Employment Numbers
The market's pretty sort of settled on this idea that in the second quarter of 2023, growth momentum has slipped quite dramatically in China. That's partly why we're seeing the Chinese authorities start to come forward with some policy stimulus and they cut the reverse repo rate earlier this week. And yes, expectations are that today we should see a cut in that one year medium term lending facility rate as well.
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