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Finance Minister Katy Gallagher says Australia’s interest rate is still lower than the United States, even after today’s rate cut. People shop at a home improvement store in New York City, on Aug. 14, 2024. People shop at a home improvement store in New York City, on Aug. 14, 2024. Spencer Platt/Getty Images The impact of the United States Federal Reserve’s decision to cut interest rates reverberated in the Senate, with the opposition pressing for an explanation from the government for its approach to inflation. Liberal Party Senator Jane Hume…