JSE muted as markets await direction
Local CPI data, due on Wednesday, will be a feature
16 January 2023 - 11:35
The JSE was little changed on Monday, while its global peers were mixed, with investors betting on slower rate hikes by the Federal Reserve after last week’s cooling inflation data.
The all-share is hovering near the previous session’s record high as investors cheered an indication that inflation in the world’s largest economy is slowing, giving market participants hope the Fed might shift to a slower pace of interest rate increases...
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