The JSE was weaker on Thursday morning, along with its global counterparts as investors digested the US Federal Reserve’s decision, while local focus turns to the SA Reserve Bank’s interest-rate decision due in the afternoon.
The Fed held interest rates near zero and signalled that they would stay there for at least three years, vowing to delay tightening the economy until the US returned to maximum employment and 2% inflation.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
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JSE faces weaker markets on Thursday ahead of Reserve Bank decisionGlobal markets are digesting the Fed policy message, while local interest rate expectations are split
Source: BDliveSA - 🏆 12. / 63 Read more »
JSE faces weaker markets on Thursday ahead of Reserve Bank decisionGlobal markets are digesting the Fed policy message, while local interest rate expectations are split
Source: BDliveSA - 🏆 12. / 63 Read more »