Dovish Fed could boost the JSE on Thursday
Chair Jerome Powell has signalled that a US rate cut may be on the cards
11 July 2019 - 07:41
SA stocks could benefit from a more dovish than expected tone from US Federal Reserve chair Jerome Powell, who signalled late on Wednesday that the central bank could support the economy with rate cuts.
After US jobs data beat expectations last week, investors fretted that the Fed would scale back its rate cut plans...
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