President Lee Jae-myung reaffirmed that South Korea will end the capital gains tax relief for multiple home owners on May 9, vowing to dismantle the "invincibility myth" in real estate and block expectations of future policy easing, as part of efforts to curb speculation and stabilize the housing market.
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President Lee Vows to End 'Invincibility Myth' in Real Estate—'No More Hopes That Waiting Will Bring Relief' - Yonhap Infomax
President Lee Jae-myung reaffirmed that South Korea will end the capital gains tax relief
ECB Governing Council member Fabio Panetta signaled that continued policy easing would be appropriate if downside growth risks strengthen disinflation, while stressing the need for flexibility and ongoing risk assessment in upcoming monetary policy decisions.
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ECB Policymaker Says Easing Appropriate If Growth Risks Intensify
ECB Governing Council member Fabio Panetta signaled that continued policy easing would be appropriate if downside growth risks strengthen disinflation, while stressing the need for flexibility and ongoing risk assessment in upcoming monetary policy decisions.
RBA Minutes - 'Policy Easing Deemed 'Premature' in April'
Reserve Bank of Australia's April minutes reveal cautious stance, deeming monetary policy easing premature amid economic uncertainties
Singapore Central Bank Eases Monetary Policy for Second Consecutive Time Amid Growth Downgrade
Singapore's central bank loosens monetary policy again as economic growth forecasts are revised downward, signaling concerns over economic headwinds
Goldman Sachs warns of downside risks to China's 4.5% GDP growth forecast for 2024 due to escalating US-China tariff tensions, suggesting potential for aggressive policy easing by Chinese government
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Goldman - 'China's 4.5% Growth Forecast for This Year at Risk... Concerns Over Escalating US-China Tariff Tensions'
Goldman Sachs warns of downside risks to China's 4.5% GDP growth forecast for 2024 due to escalating US-China tariff tensions, suggesting potential for aggressive policy easing by Chinese government
RBA Governor - 'Slightly Easing 'Restrictive' Monetary Policy is a Better Decision'
Reserve Bank of Australia signals potential shift towards easing monetary policy, balancing economic growth and inflation concerns
Powell - 'Policy Easing if Labor Deteriorates, Inflation Falls More Than Expected'
Fed Chair Powell signals potential policy shift, hinging on labor market conditions and inflation trajectory
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