The JSE touched a record high on Friday, firming along with its global peers as the rally prompted by Thursday’s US consumer price index which showed inflation slowed in December, gained momentum.
An indication that inflation in the world’s largest economy is slowing gave market participants hope that the Federal Reserve might shift to a slower pace of interest rate increases...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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