JSE slips as US inflation data stays top of mind
Price increases as measured by the US PCE index slowed to 2.4% year on year in January
01 March 2024 - 11:53
The JSE was weaker on Friday morning, while its global peers were mixed as investors digested the latest figures from the US Federal Reserve’s preferred measure of inflation, which came in within expectations.
Price increases as measured by the US Personal Consumption Expenditures (PCE) price index slowed to 2.4% year on year in January, down from 2.6% the previous month, the US Bureau of Economic Analysis (BEA) reported on Thursday...
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