JSE and rand firmer ahead of Reserve Bank interest rate announcement
Analysts say further easing in inflation supports the case for the Bank to cut interest rates by 25 basis points
21 November 2024 - 12:11
The JSE was firmer amid mixed peers on Thursday morning, while the rand was weaker, with local focus on the SA Reserve Bank’s interest rate announcement.
On Wednesday, Stats SA reported that headline inflation as measured by the consumer price index (CPI) eased to 2.8% year on year in October, from 3.8% in September...
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.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.