Jakarta Post

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post
The Jakarta Post
Video Weather icon 30°C
DKI Jakarta, Indonesia
30°C Partly Cloudy

Dry and mostly cloudy throughout the day.

  • Wed

    26℃ - 32℃

  • Thu

    25℃ - 32℃

  • Fri

    25℃ - 31℃

  • Sat

    26℃ - 30℃

INSIGHT: US Fed rate hike: Sell on fact

Jakarta | Mon, March 20, 2017 | 08:40 am
INSIGHT: US Fed rate hike: Sell on fact A calm market and stable US dollar mean emerging market assets look more interesting. (JP/Wendra Ajistyatama)

PREMIUM Last Wednesday the US Federal Reserve raised its key policy rate by 25 basis points to a range of 0.75 percent and 1 percent. This was widely expected as Janet Yellen had given strong signals in recent weeks. Contrary to simple logic, it raised stock market indices and lowered US treasury bond yields. Also the US dollar weakened a little against emerging market currencies. Why? And what does it...

Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.

Comments