JSE lifts slightly ahead of US inflation data release
The data will be closely watched as an indicator of the probability of a first US Fed rate cut at its May meeting
The JSE was slightly firmer on Tuesday morning, along with its global peers as investors awaited key US inflation data to be released later on Tuesday.
January’s consumer price index (CPI) is expected to have fallen from an annualised rate of 3.4% to 2.9%. The monthly CPI is expected to fall from 0.3% to 0.2%, with core CPI expected unchanged at 0.3%. ..
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.