Central Bank Watch
Bank Indonesia Tightens
August 23, 2022
Bank Indonesia had been one of very few hold-outs against interest rate normalization but today announced its first rate increase a 25 basis point hike to 6.0% in November 2018. There had been five 25-basis point hikes in 2020 punctuated by a sixth drop of similar size in February 2021. That lowered the key rate […] More
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Weak Data Amplifies Market Concern and Confusion Over Direction of Monetary Policies
August 23, 2022
The question haunting investors continues to be the reaction function of the Fed and other central banks faced with weakening demand and tentative signs that inflation may be leveling off. Rhetorically, central bankers are giving not indication of a readiness to stop their rapid rise in interest rates, and two more central banks have raised […] More
