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Austria’s ex-chancellor wins appeal against perjury conviction newsthirst.

Austria’s former chancellor Sebastian Kurz has won his appeal against a conviction for giving false testimony to a parliamentary committee. The court’s ruling overturns last year’s judgement and eight-month suspended prison sentence for the former political star. Once hailed a wunderkind of Europe’s conservatives, the 38-year-old resigned as chancellor in 2021 and quit politics amid…

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Wall Street still sees two rate cuts this year, but conviction is getting weaker, CNBC survey finds newsthirst.

Amid the uncertainty of fiscal policy and the persistence of inflation, respondents to the CNBC Fed Survey dialed back their expectations for interest rate cuts but still believe the central bank will ease this year. Among the 25 respondents, 65% see two rate cuts in 2025, equal to the number penciled in by Federal Reserve…

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