The Australian share market has soared to a four-month high after the US Federal Reserve left interest rates on hold and forecast it would cut them twice in 2024. At 1pm AEDT on Thursday, the benchmark S&P/ASX200 index was up 113.3 points, or 1.56 per cent, to 7,371.1, its best level since August 2. The broader All Ordinaries was up 121.1 points, or 1.62 per cent, to 7,590.2. "The market has been looking for a dovish pivot from the Fed, and today it got that," JP Morgan economists wrote in a client note. The Fed's statement eased back its language on further hikes, and its "dot plot" projections suggested more cuts in the coming…
