JSE muted as investors brace for continuation of rate hikes by Fed
A hotter-than-expected reading of an expenditures price index had investors betting that the Bank will remain hawkish for longer
27 February 2023 - 11:09
The JSE was little changed on Monday morning, while global markets were mixed as investors continued to asses the US Federal Reserve’s inflation and interest rate outlook.
A hotter-than-expected reading on Friday of the core personal consumption expenditures price index, the US Federal Reserve’s preferred measurement of inflation, had investors betting that the Fed will keep increasing rates for longer...
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.