Only downward surprises on current inflation and activity could pave the way for another cut in the Selic rate.
The current downward spiral was triggered by a Special Ordinance to rein in microfinance institutions that was approved late last week by the government of Andhra Pradesh.
FORBES: SKS Shares Continue To Slide Amidst New, Strict Regulation
Today's Scottish government discussion paper on a separate Scottish corporation tax regime reminds us the UK rate was at 52% of profits in the 1970s, before a downward trend to the current rate of 26%, and further cuts to 23% planned by 2014.
Prof Summers said that reductions in output have led to downward revisions not just in current output but in projections as to the economy's future.
The current-account deficit has nevertheless exerted significant downward pressure on the dollar already.
Third, some downward revisions are likely in the final release as the current survey could be biased by the positive sentiment over EU summit in the first two weeks of December.
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Chan highlighted the current state of the Eurozone as another factor putting downward pressure on risk-assets.
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Deutsche Bank forecast that light-vehicle electrification will turn world oil demand downward from 2016, falling by 2030 to 8 percent below current levels or 40 percent below most forecasts.
Even if the current vehicle market has seen its peak and is now on a downward slide, a one to two million vehicle market by 2032?
While our base case scenario envisions pricing declines to level off due to the growth of the smartphone segment that should offset the downward pricing pressures, we assess the downside risk here in the event that the current rate of pricing declines continue into the future.
FORBES: Tumbling Chip Prices Threaten To Slam Qualcomm Back To $40
The downward momentum in stock prices that has occurred over the past several weeks implies traders do not trust current growth projections.
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