Dian Kusumo
IDXChannel – The Federal Reserve is expected to raise its benchmark interest rate again. Bank of Indonesia estimates that The Fed rate will increase by another 50 basis point at the end of this year.
The increase in interest rates in December was carried out in order to reduce the high inflation rate in the US. This is because global political tensions continue and trigger economic fragmentation, trade and investment.
Furthermore destry assessed the global situation in 2023 cannot be predicted. Even in 2023 destry projects that The Fed will still be aggressive.
“We are still seeing an extraordinary strengthening of the dollar, and US interest rates will still increase again in December, estimated at 50 bps or 0.5 percent. So this is a condition that we cannot expect much,” they said.
"Watch our show IDX Channel Official Youtube on the Market Headlines Program, Friday (9/12/2022) with the theme Bank Indonesia: The Fed to Raise rate Again by 50 BPS in December.
