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ASX Edges Higher as US Rate-Cut Hopes Lift Investor Spirits

Wall Street surged with the Dow hitting a record high, driven by an 83% chance of a Federal Reserve rate cut in September amid rising job market risks, analysts said.

The Australian sharemarket is slightly stronger after Wall Street rallied on the back of a highly anticipated speech by US Federal Reserve chair Jerome Powell.

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theweekender.com broke the news in on Sunday, August 24, 2025.
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