The Australian share market has posted its best performance in four months after US inflation data came in weaker than expected, supporting the view the Federal Reserve's aggressive rate hiking cycle is over.
The benchmark S&P/ASX200 index on Wednesday finished up 99.2 points, or 1.42 per cent, to an eight-week high of 7,105.9, while the broader All Ordinaries gained 109.6 points, or 1.52 per cent, to 7,316.7.
