Tighter fiscal policy and continued external headwinds are the reasons we maintain our forecast that interest rates will be lowered to 9% during the present cycle.
Its export volume has already surpassed those of Sub-Saharan Africa and Central Asia, and it is expected to maintain this rank throughout the forecast period.
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We now expect gross margins for Mercedes-Benz cars and vans to reach 27.5% for 2010, up from 25.5% in 2009, and we expect Daimler to maintain these margins over the forecast period.
We currently forecast Jones to maintain steady margins across its product segments in 2011 as the firm plans to raise prices on clothes and its more expensive shoes in first half of the year, followed with hikes across all of its products in the second half.
We currently forecast that Cisco will maintain its dominant market share in excess of 70% for the routing and switching businesses, but if it loses 5% share in each of these businesses due to its higher exposure to the public sector, this would translate to around 4%-5% downside to our lowered price estimate.
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Chang said they maintain their slightly below-consensus 2013 growth forecast of 7.9 percent.
We also maintain our slightly below-consensus 2012 GDP forecast of 8.1%.
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Petitioner likewise failed to maintain a budget or to make any financial projections, economic forecast, or other analyses demonstrating financial management or planning.
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They maintain their 8.1% growth projection for 2012 and forecast GDP growth to fall to 7.7% year over year in the second quarter from 8.1% in the first before it finally begins recovering gradually in the third.
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Our forecast for Schlumberger assumes that it will be able to maintain its higher EBITDA margins over the future.
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While we do not believe, as many market participants do, that the Central Bank is shirking its primary responsibilities, it needs to maintain a vigilant stance and compensate for any positive errors in its forecast until, if and when, its more benign views are proven right.
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