30 Oct 2024 21:36:38 ET │ 10 pages Japan Economics DPP tax cuts could be adopted in more moderate form CITI'S TAKE The banner policies of the DPP, which is positioned to cast deciding votes in the Diet after its gains in the Lower House election, are increasing the income tax exemption limit. Larger deductions reduce taxable income and hence taxes paid by workers. We think PM Ishiba may adopt these policies in the interest of economic package implementation but would expect more moderate tax cuts. At the sa ...

V i e w p o i n t | 28 Oct 2024 16:05:27 ET │ 13 pages US Economics Inflation Weekly – Home prices still subdued CITI'S TAKE Core PCE inflation for September released this week should be stronger than over the last few months (we expect 0.21%MoM). There could be some additional upward risks to certain components in October inflation, such as from medical or financial services prices. But overall, we still expect the trend of inflation to be slowing on average, partly as shelter inflation should continue to ...

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