JSE muted before Reserve Bank’s rates announcement
Economists are expecting interest rates to remain unchanged
27 March 2024 - 10:58
The JSE was little changed on Wednesday morning, with the rand slightly firmer ahead of an interest rate announcement by the SA Reserve Bank.
Governor Lesetja Kganyago is due to announce the latest interest rate decision in the afternoon after the monetary policy committee (MPC) meeting, with economists expecting interest rates to remain unchanged. The market, however, will be seeking clues about when interest rate cuts may be implemented...
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