MARKET WRAP: JSE rallies ahead of Fed policy meeting outcome
What the Fed signals in its dot plot of rate forecasts will be widely watched
20 September 2023 - 18:55
The JSE gained along with global markets on Wednesday, with a focus on the Federal Reserve (Fed) monetary policy outcome.
Market participants expect Fed policymakers to keep rates steady as it concludes its federal open market committee meeting on Wednesday. However, investors will be focused on what the central bank’s officials say in updated projections about where they see interest rates heading in the future...
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