Rand firmer as the Fed hints at imminent rate cuts
The US Federal Reserve kept interest rates unchanged, but hinted that it may start loosening monetary policy
20 June 2019 - 10:18
The rand remained on its winning streak on Thursday — the fifth day of gains — after the US Federal Reserve hinted that it may cut interest rate before the end of 2019.
On Wednesday the US Fed kept interest rates unchanged, but hinted that it may start loosening monetary policy, citing concern about the trajectory of the US-China trade war and weak inflation...
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