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MARKET WRAP: JSE weaker as Fed minutes weigh on sentiment

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Additional tightening may be necessary to bring down inflation

The JSE was weaker on Thursday, along with its global peers, as investors assess US corporate earning reports while digesting minutes from the US Federal Reserve’s July meeting, which hinted at potentially more interest rate hikes.

Minutes from the federal open market committee meeting showed additional tightening may be necessary to bring down inflation, which, though off last year’s peak, still remains above the central bank’s 2% target.... There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an

 

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