JSE muted as investors digest Fed’s hawkish stance

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JSE all share and top 40 are little changed in morning trade on Friday

The JSE was little changed on Friday morning, with global peers mixed as markets look set to recover some of the losses triggered by the Federal Reserve’s pivot towards tighter monetary policy.

Investors are betting on higher borrowing costs, with markets now expecting almost five interest-rate increases from the Fed this year. ..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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