JSE improves, but inflation worries remain in focus
Investors are in a holding pattern as they wait for the latest update on the US Federal Reserve’s rate outlook
06 March 2023 – 11:24
The JSE was firmer on Monday morning, while its global counterparts were mixed as markets await an address by US Federal Reserve chair Jerome Powell later this week, as well as key data from the US.
Market focus remains firmly on inflation and the effect any further tightening of monetary policy will have on global growth, with investors digesting more hawkish comments by the US Federal Reserve officials most of last week…