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ASX 200 Rocketing Higher on RBA Interest Rate Decision
The S&P/ASX 200 Index (ASX: XJO) is soaring higher on the heels of this afternoon's interest rate announcement from the Reserve Bank of Australia (RBA).
Why the ASX 200 Is Predicted to Leap Higher in 2024 Despite Higher Interest Rates
As The Australian Financial Review reports, UBS equity strategist Richard Schellbach now forecasts the ASX 200 will end 2024 at 8,000 points, or 3.6% above current levels.
The ASX 200 Is off to Races on Monday. Here's Why
In turn, that means investors could be looking at some highly anticipated interest rate cuts sooner than feared.
Why Is the ASX 200 Tumbling on the Latest US Inflation Print?
After closing higher on Monday, Tuesday, and Wednesday this week, the benchmark index is down 0.57% around Thursday lunchtime.