JSE firmer as investors digest better-than-expected US CPI data

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JSE firmer as investors digest better-than-expected US CPI data
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Fed officials say the central bank will ‘stick to its guns’, despite softening inflation

The JSE was firmer on Thursday morning, while its global peers were mixed as investors digested US inflation print, which came in better than expected.

Equities rallied in the previous session on the bet that cooling US inflation could lead the US Federal Reserve to ease its aggressive monetary tightening campaign. ..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 Sunday Times Daily.

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