The JSE closed weaker amid mixed global markets on Thursday as investors digested the US Federal Reserve’s hawkish update on Wednesday.

Global equity markets were taken by surprise after the Fed signalled two interest rate hikes in 2023, while also raising its inflation forecast for 2021 by one percentage point from the federal open market committee’s (FOMC) meeting in March...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now