JSE muted ahead of the US Fed's chair address
Markets are waiting for Jerome Powell's Jackson Hole speech and any clues on how and when the US will pull back monetary stimulus
27 August 2021 - 11:22
The JSE was little changed on Friday, with its global peers mixed as investors await US Federal Reserve chair Jerome Powell's address at the Jackson Hole symposium.
Markets have not really reacted to hawkish comments by some Fed officials, with the focus on Powell's address for any clues about how the Fed intends to cut back on its monetary policy support...
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.