Japan’s headline inflation rose 3.7% year on year in February, slightly lower than January’s 4%. Core inflation, excluding fresh food prices, was at 3%, below expectations of 3.2%, while “core-core” inflation reached 2.6%. The Bank of Japan held interest rates steady, expecting gradual CPI inflation increases, especially with strong wage hikes and exchange rate developments affecting prices.
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Rachel Reeves Unveils £2.2 Billion Defence Boost As She Vows To 'Secure Britain's Future'
Rachel Reeves, the new chancellor, announced a £2.2 billion boost in defence spending, partly funded by cuts to international aid, to enhance national security and economic stability. Despite facing budget challenges and a downgrade in economic growth forecasts, Reeves emphasized the government's commitment to securing Britain's future through active measures and investment in advanced weaponry and military housing. The additional funding will also support the implementation of directed energy weapons on Royal Navy ships and...
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