The JSE posted healthy gains on Thursday, as did markets globally, after the US Federal Reserve indicated it would probably stick to the previously announced timeline for tapering its asset-purchase programme.
Investors have been increasingly concerned that inflation is proving more persistent than expected in recent months, and that this could prompt the Fed to rein its buying of US Treasuries more swiftly...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 Sunday Times Daily.
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