Why the ASX 200 is rallying despite a weaker growth warning

The S&P/ASX 200 Index (ASX: XJO) is pushing higher on Wednesday, despite fresh data showing Australia’s economy is losing steam.

At the time of writing, the ASX 200 is up 0.59% to 8,775 points.

The move leaves the benchmark index close to its intraday high of 8,779.8…