Australian shares hit record high as Fed rate cut nears – Business Recorder

From Google: 2024-09-17 01:28:42

Australian shares reached a record high as investors anticipate a Federal Reserve interest rate cut. The ASX 200 gained 0.5% to close at 6,669.400, surpassing its previous peak in July. Market sentiment is bullish as bets on an imminent rate cut from the Fed continue to grow.



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