
Core Inflation Gauges Are Falling in US and Euro Zone
Policymakers on each side of the Atlantic are likely to take comfort this week from a slowdown taking hold in key underlying measures of consumer-price growth.
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Policymakers on each side of the Atlantic are likely to take comfort this week from a slowdown taking hold in key underlying measures of consumer-price growth.
Singapore became the biggest investor in Japan’s real estate sector this year, lured by the yen’s weakness and growing demand in logistics and hospitality industries, according to Knight Frank LLP.
Bond investors face the crucial decision of just how much risk to take in Treasuries with 10-year yields at the highest in more than a decade and the Federal Reserve signaling it’s almost done raising rates.
Apollo Global Management Inc.’s James Zelter is “skeptical” of an economic soft landing. Ares Management LLC co-founder Michael Arougheti is concerned about the risk of a fiscal accident. Defaults will rise in coming years as riskier debt comes due for refinancing, according to Joshua Easterly of Sixth Street Partners LLC and hedge fund manager Hamza Lemssouguer.
German Chancellor Olaf Scholz used a campaign stop in Bavaria as an opportunity to defend the recent interest rate hikes by the European Central Bank, telling homeowners they shouldn’t have a problem with 4% rates.
Mar 23, 2020
The Canadian Press
TORONTO -- The Toronto Regional Real Estate Board is urging it realtors to stop holding open houses because of the COVID-19 pandemic, following a similar move by the Greater Vancouver Area board last week.
TRREB says that while the decision to hold open houses is up to realtors and their clients, the board will suppress information about the in-person showings on its listing system and website.
The board is encouraging realtors to use alternatives such as video and virtual tours to help limit public gatherings and slow the spread of the virus, as public health agencies have implored.
The Real Estate Council of Ontario, which regulates the realtor profession, has also recommended an end to open houses, except when "absolutely necessary," but has stopped short of banning them.
Last week, the Real Estate Board of Greater Vancouver strongly recommended its 14,000 realtors not hold open houses based on comments from government authorities.
Both real estate boards have also waived a rule requiring listed properties to be available for showings.