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      New Zealand Inflation Exceeds Forecasts, Spurring Rate-Hike Bets

      New Zealand inflation unexpectedly held above the top of the Reserve Bank’s 1%-3% target last quarter, prompting markets to boost bets on a July interest-rate hike as the impact of an Iran-war driven surge in fuel prices is still to come.

      Source: Bloomberg
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud