JSE muted as investors examine strong US jobs data
The Fed kept interest rates steady last week and has pushed back against market expectations for a cut at the March meeting
05 February 2024 – 11:31
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The JSE was little changed on Monday morning, while its global peers were mixed as investors considered the implications of a strong US jobs report on the monetary policy outlook.
The US jobs data came in stronger than expected on Friday, demonstrating the resilience of the US economy, raising questions about how soon the US Federal Reserve will be able to lower interest rates…
Source: businesslive.co.za
