JSE faces subdued start on Thursday ahead of Reserve Bank decision
Rates are expected to be kept unchanged due to the threat to the rand posed by a junk status rating
16 January 2020 - 07:11
The JSE must contend with subdued Asian markets on Thursday morning, with all eyes on the Reserve Bank interest rate decision later in the afternoon.
The consensus is that the Reserve Bank will opt to keep rates unchanged due to the threat to the rand posed by a junk status rating from Moody’s Investors Service. Some analysts do expect a cut, citing subdued inflation...
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