ASX Hits Record High as US Inflation Eases and Rate Cut Expectations Grow =============== #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 https://here.news/story/332a5058?ver=0.68