MARKET WRAP: JSE muted as investors digest US inflation report

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Soaring consumer prices in the world’s leading economy has fuelled expectations of multiple rate hikes

The JSE was little changed on Thursday, but still hovering around a fresh record high, while global markets were mixed as investors digested the US consumer price numbers.

US consumer prices accelerated at the fastest pace since 1982 in December, hitting an annualised 7% from 6.8% in November. The data, which was released on Wednesday, fuelled expectations that the US Federal Reserve will increase rates in March, and that this would be followed by three more hikes in 2022...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

To make it all easy to your understanding,, it's based on investment whereby you're given the opportunity to make investment with a minimum amount and you get returns from a weekly trade carried out in the platform... ASK ME HOW

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tharisa reports strong start to the year as it eyes improvement in PGM marketThe balance of supply and demand for platinum group metals appears to be improving, the miner says To make it all easy to your understanding,, it's based on investment whereby you're given the opportunity to make investment with a minimum amount and you get returns from a weekly trade carried out in the platform... ASK ME HOW
Source: BDliveSA - 🏆 12. / 63 Read more »

Gauteng’s property market lags other metrosGauteng’s property market lags other metros: Broker survey shows bleak prospects for Gauteng in 2022 as coastal areas lead in commercial, retail and industrial property Wow - chilly elsewhere in Jozi I see! Or is it just the realty price freeze?
Source: mailandguardian - 🏆 2. / 92 Read more »