MARKET WRAP: JSE firmer as markets digest Fed’s less hawkish tone

The JSE gained the most in more than a week on Thursday as investors welcomed less-than-feared hawkish tone from the US Federal Reserve, which moved to raise interest rates in line with market expectations.

The Fed delivered a 75-basis-point hike for the second consecutive meeting on Wednesday evening to battle a four-decade-high surge in inflation. Chair Jerome Powell indicated that the central bank could slow the pace of its rate hikes, saying its future moves will be data dependent...

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MARKET WRAP: JSE muted ahead of the Fed’s monetary policy announcementThe US Federal Reserve is expected to raise its benchmark rate by 75 bps to fight inflation Are You Looking For Photo editing service? I provide photo post-production service... check out-
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