Japan’s core inflation rate reached a 16-month high of 3% in December, aligning with economists’ expectations and surpassing the previous month’s 2.7% growth. This sustained increase in inflation for 33 consecutive months supports the case for a rate hike by the Bank of Japan, as the headline inflation rate also rose to 3.6%, its highest level since January 2023, providing the central bank with more flexibility to adjust rates. The “core-core” inflation rate, excluding prices of fresh food and energy, remained steady at 2.4%, prompting a marginal weakening of the yen against the dollar following the data release.
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On TikTok, warnings spread about the herbal tonic ‘Feel Free’
Misha Brown's TikTok recounts an encounter with a teenager seeking to buy "Feel Free," an herbal drink containing kratom, which has raised concerns among health officials due to its addictive properties. Users like John, who experienced severe addiction after trying it, highlight the product's dangers, leading to a class-action lawsuit against its maker, Botanic Tonics, which settled for $8.75 million. Want More Context? 🔎
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