The JSE gained on Wednesday but miners lost some ground after the US Federal Reserve threw cold water on market expectations of aggressive interest-rate cuts in the US.

Global markets were mixed after Fed officials downplayed the likelihood of a 50-basis-point rate cut at their next meeting, which had been partially priced in by the market...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.