JSE lifts as investors await US Fed’s policy meeting outcome
US consumer inflation for November rose at a 3.1% annual rate from 3.2% in October, in line with market expectations
13 December 2023 – 11:10
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The JSE was firmer on Wednesday morning, with global markets mixed as investors await the conclusion of the US Federal Reserve’s last policy meeting for the year later in the day.
The central bank is widely anticipated to hold the benchmark borrowing rate steady in the 5.25% to 5.5% range, where they have been since July. However, they will take note of chair Jerome Powell’s commentary for signals of when rate cuts could come…
Source: businesslive.co.za