MARKET WRAP: JSE reverses ahead of US Fed’s rates decision
More hawkish American central bank tone is expected, given Trump’s pro-growth policies
18 December 2024 - 18:21
The JSE reversed the session’s gains on Wednesday, while the rand was little changed as investors awaited the outcome of the US Federal Reserve’s final meeting of the year.
Market participants are pricing in a 25 basis points (bps) cut, which is expected to be announced tonight. ..
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