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The reason was that the Fed would respond "aggressively" , by which he meant a cut in the federal funds rate of just one percentage point.
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Their contribution in the first quarter of this year is likely to be just 0. 1 percentage point, the bank adds.
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Exports climbed a less-than-forecast 17. 1 percent in September from a year earlier, customs bureau data showed in Beijing today.
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Chinese exports fell 2. 8 per cent in December, at least one percentage point less than expected, Dow Jones reported on Saturday.
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Analysts had predicted the index, which anticipates sales that will be completed in the next two months, would be down 1 percent from March.
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The growth in factory output last month was a percentage point down from March and less than half the rate in April 2008.
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The 2001 currency-swap deal arranged by Goldman trimmed Greece's deficit by about a 10th of a percentage point of GDP for that year.
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The Bank of England made another big cut in interest rates, by one percentage point, to 2%.
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Then, the currency rose 2. 1 per cent against the dollar on the first day, after which it was allowed to trade within a set range.
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Hermes repeated today that full- year operating margin should widen by at least 1 percentage point .
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Prices were down by a bit less than 1 percent compared to the previous month, according to the index.
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Mr. Loughridge said the pretax profit margin for the company rose 4. 1 points to 18. 3%.
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Nearly 1 percentage point is attributed to a group of east Asian countries in which China preponderates.
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I think the downside for growth would be small, I mean it would be at most a 1 percentage point reduction in the overall growth rate.
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Total sales, which include new floorspace, rose by an annual 4. 5 percent, a full percentage point above the average reading for 2009.
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Leafy shoots retained could enhance the prematurity, the rate of defrost lint could be increased for 1. 1 percents.
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By most estimates, if the oil price increase since October were sustained, it would take 1 percentage point off growth this and next year.
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Greek yields have risen by more than one percentage point this week and by three percentage points since October.
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Central banks need to look at their economies afresh and cut rates by at least 1, and ideally2, percentage points.
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To try to prevent that, the budget for next year tightens the belt, raising taxes by 1% of GDP and cutting spending.
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The analysis also assumes that a percentage point of fiscal tightening would lower growth by half as much.

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