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flag Tokyo's inflation hits 3.4%, fastest in two years, complicating Japan's interest rate plans.

flag Tokyo's core inflation rate surged to 3.4% in April, exceeding forecasts and marking the fastest pace in two years. flag The rise, driven by increased food and energy costs, complicates the Bank of Japan's plans for gradually raising interest rates. flag The Finance Minister highlighted the goal of achieving sustainable 2% inflation, while also expressing concerns about ongoing trade tensions with the US.

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