JSE strengthens ahead of MPC announcement on interest rates
Most analysts expect the MPC to keep the repo rate at its record low 3.5%
20 May 2021 - 10:45
The JSE was firmer on Thursday morning, with its global peers mixed amid ongoing inflation concerns. Locally, the focus turns to the monetary policy committee (MPC) interest rate announcement.
SA consumer inflation, which the Reserve Bank monitors closely when deciding on interest rates, remained within the Bank’s 3%-6% target band. However, it rose at its fastest pace in more than a year in April, data showed on Wednesday...
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