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BofA lowers 2023 forecast for Mexico economy, cites potential recession

MEXICO CITY, Aug 3 (Reuters) – Bank of America has downgraded its 2023 growth forecast for Mexico’s economy to 0% from 1% amid a potential U.S downturn, analysts said in a research note, predicting the country will reach the brink of recession. The Mexican economy has struggled to regain pace since …

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