US Dollar Shows Signs of Recovery Amid Weakening Economy and Rate Cut Expectations on Nostr: ASX Hits Record High as US Inflation Eases and Rate Cut Expectations Grow ...

ASX Hits Record High as US Inflation Eases and Rate Cut Expectations Grow
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#332a5058 ver:0.68

ASX hits record high as US inflation eases, fueling rate cut expectations. Lower inflation in the US suggests a September rate cut, increasing the likelihood of an interest rate cut in Australia. The ASX200 closed at a record high of 7959.3 points, driven by anticipation of a US rate cut in September. #ASX #inflation #ratecut...

#newstr #Asx #FederalReserve #RateCut

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