JSE slips as investors mull over US inflation data
US inflation rose the most in March since 1981, adding pressure on the Fed to raise interest rates even more aggressively
13 April 2022 - 11:16
The JSE was on track for its third day of losses on Wednesday, with its global peers mixed, as investors were weighing up risks posed by higher inflation while anticipating the US Federal Reserve’s next move.
US inflation rose the most in March since 1981, adding pressure on the Fed to raise interest rates even more aggressively. The consumer price index increased 8.5% in March from a year earlier...
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