JSE firmer as investors digest better-than-expected US CPI data
Fed officials say the central bank will ‘stick to its guns’, despite softening inflation
11 August 2022 - 11:49
The JSE was firmer on Thursday morning, while its global peers were mixed as investors digested US inflation print, which came in better than expected.
Equities rallied in the previous session on the bet that cooling US inflation could lead the US Federal Reserve to ease its aggressive monetary tightening campaign. ..
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.