JSE slips after more aggressive comments by US Fed officials
Fed officials are sticking to the script and supporting the case for ongoing interest-rate hikes
02 March 2023 – 11:45
The JSE was weaker on Thursday morning, along with its global peers as investors digested more hawkish comments from US Federal Reserve officials.
Fed officials on Wednesday said that interest rates will need to increase further and stay elevated into 2024 to curb US inflation that’s showing few signs of abating, reported Bloomberg…
Source: businesslive.co.za