The JSE was weaker on Friday morning, while its global peers were mixed as investors digest aggressive moves by central banks and prospects of a global economic downturn.

The US Federal Reserve hiked interest rates by 75 basis points (bps) on Wednesday evening, which had been priced by the market after the recent inflation data showed that US inflation hasn’t peaked as previously thought. ..

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.