The Long-Term Implications of the Federal Reserve’s Latest Rate Cut
New York — The Federal Reserve’s half-point interest rate cut on Wednesday marked a significant shift in U.S. monetary policy, the first such move since March 2020. After a long period of tightening financial conditions with a series of aggressive rate hikes, this cut represents a shift towards more accommodative policies aimed at supporting economic […]
Rupiah is predicted to weaken this week, what factors affect it?
Jakarta, April 15, 2024 – Veteran commodity and currency analyst, Lukman Leong, projects that the rupiah exchange rate (IDR) will open with a sharp weakening today, Monday, April 15, 2024. Leong predicts the rupiah’s weakening range to be between IDR 16,000 to IDR 16,200 per US dollar. According to Leong, the weakening of the rupiah […]