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Conflicts between the Philippines' Marcos and Duterte families have increased, with public insults and accusations being hurled. Amid this feud, President Bongbong Marcos's soft response has sparked curiosity, possibly explained by his 'gratitude debt' belief, given that his 2022 presidential campaign was boosted by Sara Duterte's withdrawal from the presidential race. Yet whatever the reasons behind Marcos's non-response, this feud may threaten the success of his presidency.
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In March 2024, the Bank of Japan shifted its monetary policy by raising interest rates from negative 0.1 per cent to 0–0.1 per cent and halting its quantitative and qualitative easing (QQE) measures, marking the first policy change towards tightening credit in seventeen years. While the Bank of Japan's previous measures under QQE were unable to stimulate demand and inflation, adjustments in interest rates, despite being minimal, have the potential to impact firms' and households' behaviour. Future policy adjustments will be dependent on the outlook of future inflation.