JSE lifts after Jerome Powell indicated no further rate hikes
The US Fed acknowledged that there had recently been a lack of further progress toward the 2% inflation target
02 May 2024 - 11:25
The JSE was firmer on Thursday, with global peers mixed as investors digested comments by US Federal Reserve chair Jerome Powell.
The Fed left the policy rate unchanged at 5.25%-5.5% on Wednesday, as expected. In its policy statement, the Fed acknowledged that there had recently been a lack of further progress toward the 2% inflation target...
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