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Why is the ASX 200 wallowing after the RBA just cut interest rates?

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The S&P/ASX 200 Index (ASX: XJO) spent most of today in the red.

At 2:30pm AEDT, the benchmark Aussie index was down 0.5%.

As you’re likely aware, that’s when the Reserve Bank of Australia (RBA) reported on its latest interest rate decision, delivering a most welcome…



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