JSE slips as data on US inflation gives pause for thought
There has been talk that the Fed might slow its aggressive monetary tightening
12 August 2022 – 11:42
The JSE was weaker on Friday morning, while its global peers were mixed as investors considered the US Federal Reserve’s next steps for keeping inflation in check.
Riskier assets received a boost this week after the US consumer and producer inflation numbers came in better than expected, fuelling assumptions that the Fed might slow its aggressive monetary tightening…
Source: businesslive.co.za