JSE firmer as traders await outcome of Fed policy meeting
Concern about banking sector turmoil is easing, but market sentiment remains fragile, says Citadel Global director Bianca Botes
22 March 2023 - 11:06
The JSE was firmer on Wednesday morning, with global markets mixed as investors awaited the outcome of the Federal Reserve policy meeting.
Given the banking sector turmoil, many investors are divided on whether the US central bank will opt for a 25 basis point (bps) hike or even pause its hiking cycle when it concludes the Federal open market committee (FOMC) meeting later on Wednesday...
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.