JSE weaker as focus turns to central banks’ policy meetings
Investors are expected the Fed to keep interest rates unchanged at the Federal open market committee
18 September 2023 – 11:32
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The JSE was weaker on Monday morning, while its global peers were mixed as the focus turned to central banks’ policy meetings this week, including that of the US Federal Reserve.
The Federal open market committee (FOMC) will conclude its two-day meeting on Wednesday. Market participants have priced in that the Fed policymakers will keep the interest rate unchanged at 5.25%-5.50%…
Source: businesslive.co.za
