JSE attempts a rebound ahead of the PCE inflation report
Investors hope the data will provide insight into the US Federal Reserve’s monetary policy plans
29 February 2024 - 11:45
The JSE was firmer on Thursday morning, with global peers mixed, as investors await key US inflation data due to be released later in the day.
The revised fourth-quarter GDP report showed the US economy grew at a slightly slower pace in the final months of 2023. The US commerce department said GDP growth was revised to 3.2%, while the market had expected it to remain unchanged from the first reading of 3.3%...
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