JSE flags ahead of key US inflation report
Bloomberg economist say US CPI is forecast to rise 0.3% from October and 2.7% year on year
11 December 2024 - 11:56
The JSE was weaker on Wednesday morning, with global markets mixed, as investors awaited the highly anticipated US inflation report scheduled for release later in the day.
Traders are eagerly awaiting the November US consumer price index (CPI) reading, which is expected to provide valuable insights into the state of inflation. According to economists polled by Bloomberg, the US CPI is forecast to rise 0.3% from October and 2.7% year on year...
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