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SYDNEY, AUSTRALIA - NewsWire Photos APRIL 15:A view of the digital boards at the ASX in Sydney. Photo: Gaye Gerard / NewsWire

ASX hits two-month high as investors eye May rate cut

Local stocks rise for a fifth day in a row amid expectations the Reserve Bank will deliver another 25 basis points rate cut in May, as inflation hit its target range for the first time since 2021. Technology and property stocks lead gains.

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