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ASX Rises on Wall Street's Best Day in Six Weeks

Rate Cuts and Oil Price Volatility: A Double Edged Sword for Investors The Australian share market made a positive start to the session, despite lingering concerns about inflation. The S&P/ASX 200 rose 30.

7 points, or 0. 4 per cent, to 8763. 1 in early trade, while the Australian dollar was stronger at US71. 11¢.

RBA chief Michele Bullock's comments on inflation have sparked renewed debate about the effectiveness of monetary policy in curbing inflation.

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