JSE lifts ahead of US Fed’s announcement on rates
‘The decision for the FOMC to raise by 25 bps has already been baked into the market’
03 May 2023 - 11:20
The JSE was firmer on Wednesday morning, while its global peers were mixed as investors awaited the US Federal Reserve policy meeting outcome announcement.
Investors are awaiting the conclusion of the two-day federal open market committee (FOMC) meeting, which began on Tuesday, to see if the Fed will provide clues about when it will end its rate-hiking campaign. ..
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