JSE slips as markets await decision by US Federal Reserve
Analysts are expecting the central bank to stick to its dovish tone to help speed up economic recovery in the US
27 January 2021 - 11:06
The JSE was weaker on Wednesday morning, and its global market counterparts were mixed as investors digested hurdles to US President Joe Biden’s stimulus proposal. Focus is on the US Federal Reserve’s monetary policy announcement later on Wednesday.
US stimulus talks continue in Washington, with Senate majority leader Chuck Schumer saying Democrats would move forward on Biden’s $1.9-trillion coronavirus relief plan without Republican support if necessary...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
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.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.