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Bitcoin rally is stalling as Japanese inflation adds to Iran war–driven market jitters

The European Central Bank will respond to the Iran war by raising interest rates once — in June — before reversing the move next year to protect economic growth, analysts say.

Russia’s central bank is poised to continue cutting interest rates as the economy loses steam, though uncertainty over the budget and the fallout from the Middle East conflict is limiting how far policymakers are willing to go.

The War in Iran Is Shifting From Bombardment to a Test of Wills