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View all search resultsEmerging from their first policy meeting during President Donald Trump's second term in the White House, Powell said Fed officials are "waiting to see what policies are enacted" before judging the effects on inflation, employment and overall economic activity.
The decline in P2P lending practices is attributed to a variety of social issues. A problem commonly brought up is the debt collection methods, which sometimes involve prohibited measures such as intimidation and violence. Moreover, there is growing concern over high interest rates that affect consumers.
Federal Reserve officials appear on track to cut interest rates this month after data showed the US labor market remained strong but continued to cool in November, even as debate emerged over a possible pause to rate cuts in the new year.
Bank Indonesia (BI) Governor Perry Warjiyo has signaled that the central bank will have less room for continued monetary policy easing next year as pressure mounts on the rupiah as a result of the more inward-looking policy expected from the administration of US president-elect Donald Trump.
The central bank has decided to maintain the BI-Rate at 6 percent in anticipation of the potential adverse impacts on Indonesia's economy and currency from the policies of the incoming administration of US president-elect Donald Trump.
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