MARKET WRAP: JSE pares losses despite poor CPI data
Investors take some comfort from the lack of surprises in Federal Reserve chair Jerome’s testimony before Congress
22 June 2022 – 19:53
The JSE closed weaker on Wednesday but off session lows after Federal Reserve Chair Jerome Powell said the US central bank remained “strongly committed” to bringing taming inflation.
Still, higher than expected local inflation and renewed power cuts added to the anxious mood…
Source: businesslive.co.za