News Formal

MARKET WRAP: JSE firms as markets shrug off Fed official’s hawkish comments

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

The JSE tracked European and US markets firmer on Friday

, with investors shaking off comments from US Federal Reserve officials that more interest rate hikes are needed to fight inflation.

While the Fed has indicated it will raise interest rates by smaller increments, its officials have been firm in their insistence that there’s still a long way to go until inflation is back in check...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.

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 US
 

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

United States United States Latest News, United States United States Headlines

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

MARKET WRAP: JSE slips as risk appetite wanesAnother hawkish comment from the Fed fuels caution on equities and commodities, while dollar recovers some ground
Source: BDliveSA - 🏆 12. / 63 Read more »

Business Maverick: Asian stocks mixed, US yield curve flashes warning: markets wrapStocks in Asia were mixed while a closely watched section of the US yield curve remained near levels not seen in four decades – a sign of investor concern about the world’s biggest economy.
Source: dailymaverick - 🏆 3. / 84 Read more »