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MARKET WRAP: JSE eases as investors await Fed meeting

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Sverige Nyheter Nyheter

Bank of Canada’s surprise hike calls thoughts of a pause in interest rates into question

The JSE eased lower on Thursday as investors considered a surprise interest rate hike by the Bank of Canada overnight while awaiting fresh news for further direction.

The bank was the first major central bank to pause its interest-rate hiking cycle in March, and Wednesday’s unexpected move has led investors question the conventional view that rates increases could be paused...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 TimesLive Premium.

 

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