EDITORIAL: Absence of a taper tantrum bodes well for SA

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The market view that US interest rates will stay unchanged for longer will help prop up local assets

An investor might be tempted to ask what kind of tantrum this is supposed to be.

It’s been more than a week since Federal Reserve chair Jerome Powell disclosed in his Jackson Hole speech that he was one of the policymakers who believed that the US central bank should start tapering its $120bn-a-month asset purchase programme later in 2021...If you have already registered or subscribed, please sign in to continue.

 

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