The local share market is down slightly, following more pushback from central bankers on the pace of global interest rate cuts this year. At lunchtime AEDT on Wednesday, the benchmark S&P/ASX200 index had fallen 13.8 points, or 0.19 per cent, to 7,401.0, while the All Ordinaries had dropped 13.7 points, or 0.18 per cent, to 7,633.4. Overnight Federal Reserve governor Christopher Waller said during a speech in Washington that the powerful US central bank should move "methodically and carefully" in cutting interest rates this year. "With economic activity and labour markets in good shape and inflation coming down gradually to two per…
