04/08/2024 | Press release | Distributed by Public on 04/08/2024 03:14
Global Economy
US employment data again performed stronger than expected, but fortunately wage growth continues easing. The Fed will still cut rates around mid-year but might not cut at every meeting - depending on the data.
SA Economy
In South Africa, the economy looked even weaker than what was expected. Conditions should gradually improve once election uncertainty has eased and lower levels of loadshedding should also help.
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