JSE lifts, as US jobs and inflation data drives investors
Meanwhile, markets are taking comfort from Fed chief Jerome Powell’s ‘balanced message’ on Friday
28 August 2023 - 10:58
The JSE was firmer on Monday morning, along with its global peers as investors shook off US Federal Reserve chair Jerome Powell’s comments at Jackson Hole.
Speaking at the annual Economic Policy Symposium at Jackson Hole, Powell reiterated the Fed’s determination to keep its key rate elevated until price increases were reduced to the central bank’s 2% target. ..
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