Q&A: Fed should be able to manage a soft landing, says analyst

The JSE managed to recover some of its earlier losses to end 2023 2% firmer, while the rand trimmed losses for the year as prospects of interest rate cuts by the US Federal Reserve lifted sentiment in December.

However, some Fed officials pushed back on interest rate expectations in 2024, saying it’s too early to declare victory over inflation and the Fed is not “pre-committing to cutting interest rates soon and swiftly”…