JSE faces hard day as US inflation missed market expectations
Global markets react as the US Federal Reserve seems likely to maintain a hawkish stance in grappling with inflation
15 February 2023 – 07:57
The JSE might be in for a tough day as global markets continue to digest the latest US inflation data falling short of expectations, signalling the US Federal Reserve will probably stick to its hawkish stance in grappling with inflation.
The US consumer price index (CPI) moderated a seventh straight month to an annual rate of 6.4% in January from 6.5% a month earlier, but the reading was higher than market expectations of 6.2%…
Source: businesslive.co.za