JSE lifts as markets await US Fed’s interest-rate decision
Locally, the focus is on word from the SA Reserve Bank’s monetary policy committee meeting
24 November 2022 - 11:07
The JSE was firmer along with its global peers on Thursday, while the rand held steady below the R17/$ level as investors digested minutes from the recent US Federal Reserve (Fed) policy meeting.
Markets received a boost overnight after Fed officials concluded earlier in November that the central bank should soon moderate the pace of interest-rate increases, signalling they were leaning towards a reduced 50 basis-points (bps) hike in December. The US markets will be closed on Thursday for a public holiday. ..
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.