JSE firmer after Fed minutes fuel concern about US rate cuts
Minutes from the Fed’s December meeting showed that most participants expected upside risks to the inflation outlook
09 January 2025 - 12:00
The JSE was firmer on Thursday morning, with global peers mixed, as investors mull the pace of future Federal Reserve rate cuts.
Minutes from the Fed’s December meeting, released on Wednesday, showed that most committee participants expected upside risks to the inflation outlook. This fuelled concern that the Fed might cut rates fewer times than expected this year...
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