Jerome Powell warns that the US Fed expects to deliver a ‘couple’ more interest-rate hikes before it can pause
The JSE was firmer on Thursday morning, with its global peers mixed as investors digested comments by US Federal Reserve chair Jerome Powell.
Powell struck a slightly hawkish tone after delivering a 25 basis points interest-rate hike on Wednesday evening, in line with market expectations, but warned that the central bank expected to deliver a “couple” more interest-rate increases before there could a pause...
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