MARKET WRAP: Fed official’s hawkish comments drag JSE lower

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Portugal Notícia Notícia

Fed governor Lael Brainard’s comments mean a 50 basis-point rate hike is on the table at its next meeting

The JSE tracked weaker global markets on Wednesday as hawkish comments by a US Federal Reserve official weighed on sentiment.

Fed governor Lael Brainard said in a virtual speech to the Minneapolis Fed on Tuesday that the central bank’s task of reducing inflation pressures was “paramount”, and it would raise interest rates steadily while starting to reduce its balance sheet as soon as May...

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in PT

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

MARKET WRAP: JSE slightly weaker as precious metals miners fallThungela Resources was the top performer on the JSE on Monday as investor sentiment continued to be dominated by the war in Ukraine
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »

MARKET WRAP: Russia and US economy pull JSE lowerBanking stocks hit hardest as Deutsche warns of recession in wake of sustained rate hikes by the Federal Reserve
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »

The Competition Commission and the fresh produce market inquiryThe food and agro-processing industry was identified as having the potential to unlock opportunities to drive inclusive economic growth
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »

Costa Rica elects pro-market economist Rodrigo Chaves as new presidentFormer World Bank economist promises to modernise the state, create jobs and govern with 'transparency and austerity' There's that austerity thing again. Code for we all know what. Ticos are in trouble.
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »

WATCH: Market ReportBusiness Day TV talks to Imtiaz Suliman from Sentio Capital I don't trade for my self, but have earn a living and extra cash from trading with the help of stephinieweller she has always been of help to me and some other friends and family people are engaging with her everyday with good reviews wow, send her a dm to get started already
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »