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flag Reserve Bank of Australia cuts interest rates, but share market still faces losses.

flag The Reserve Bank of Australia cut interest rates by 0.25 percentage points to 4.1%, marking the first reduction in four years. flag Despite this, the Australian share market saw losses, with the S&P/ASX200 index dropping 0.66%. flag The RBA warned of ongoing inflation risks but expressed caution about further rate cuts. flag Economists predict one more cut in August, but some believe the rate-cut cycle will be shallow. flag The financial and energy sectors were particularly affected by the market's downturn.

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