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March 20-09 HARBOR Alert: Mexico’s Central Bank cuts benchmark interest r
Mexico’s central bank lowered its target for the overnight interbank funding rate by 75 basis points (more than the 25 bps expected by most economists) to 6.75%. This represents a 150 bps reduct...
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March 6-09 HARBOR Alert: Nonfarm Payroll has its biggest contraction since
The Bureau of Labor Statistics of the U.S. Department of Labor reported in its monthly newsletter that February’s Nonfarm payroll decreased in 651,000 jobs.HARBOR’s Perspective:Employment ...
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Feb-2-09 HARBOR intelligence shows US economic recession during 2009
Complex financial environment and the worsening of the housing crisis and the increasing population's saving need will cause the U.S. economy to contract by 1.8%. Monterrey, Mexico, February 2, 2008 ...
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Feb-2-09 HARBOR intelligence forecast predicts a bigger contraction for the
Given the deterioration of economic activity in the U.S., restricted credit and raising unemployment, Mexico's GDP will fall 1.6% in 2009.Monterrey, Mexico, February 2, 2008: The economic intell...
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