The JSE closed firmer on Wednesday, tracking European and US markets that cast aside fears of sustained inflation, supply-chain breakdowns and the US approaching its debt limit.
Speaking at the US Senate banking committee hearing in Washington on Tuesday, Federal Reserve chair Jerome Powell said inflation was now more of a concern than it had been earlier in 2021. Speaking alongside treasury secretary Janet Yellen, Powell said the test for raising rates was higher, and that even though bond purchases would be tapered, they would continue until mid-2022...
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MARKET WRAP: Rand weakens to a five-week low on global inflation fearsInvestors head for the dollar as concern mounts that central banks are set to start increasing interest rates soon
Source: BDliveSA - 🏆 12. / 63 Read more »
Reserve Bank of Zimbabwe has black market traders in its crosshairsThe Reserve Bank of Zimbabwe (RBZ) has set its sights on parallel-currency market traders, in a move it hopes will stabilise exchange rates in the economy.
Source: SowetanLIVE - 🏆 13. / 63 Read more »
MARKET WRAP: Rand weakens to a five-week low on global inflation fearsInvestors head for the dollar as concern mounts that central banks are set to start increasing interest rates soon
Source: BDliveSA - 🏆 12. / 63 Read more »