JSE falls after Jerome Powell’s hawkish comments
Bond yields moved higher as stocks fell, as a result of Powell’s speech
10 November 2023 – 11:07
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The JSE was weaker on Friday morning, along with its global peers as hawkish comments by the Federal Reserve chair Jerome Powell weighed on sentiment.
Stocks were sold off after Powell said the central bank wass “not confident” it had done enough in the battle against inflation…
Source: businesslive.co.za
