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The Jakarta Post
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monetary-policy

Fed's Powell warns economic outlook still 'highly uncertain'
Business 4 weeks ago

Fed's Powell warns economic outlook still 'highly uncertain'

The FOMC again pledged to keep the benchmark lending rate low until the economy achieves "full ...
Bank Indonesia holds key rate, pledges more support to help economic recovery
Business 1 month ago

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Bank Indonesia holds key rate, pledges more support to help economic recovery

BI will also continue to implement its loose monetary policy.
Yearender 2020: Govt takes extraordinary measures, passes jobs law as Indonesia falls into recession
Business 2 months ago

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Yearender 2020: Govt takes extraordinary measures, passes jobs law as Indonesia falls into recession

“Extraordinary times require extraordinary policies and measures,” Finance Minister Sri ...
Fed faces tricky act balancing impact of vaccines against economic pain
Business 2 months ago

Fed faces tricky act balancing impact of vaccines against economic pain

The conclusion of the Fed’s last policy meeting of 2020 will cap a tumultuous year in which it...
ECB injects more stimulus to fight second virus wave
Business 2 months ago

ECB injects more stimulus to fight second virus wave

The ECB's most drastic move was to bulk up its main virus-fighting tool, its pandemic emergency ...
BI calls for greater rate cuts for bank credit, more lending to support economic recovery
Business 2 months ago

BI calls for greater rate cuts for bank credit, more lending to support economic recovery

The central bank says that commercial banks need to make bigger interest rates cuts and expand lendi...
BI vows to keep rate low in 2021 to support recovery
Business 2 months ago

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BI vows to keep rate low in 2021 to support recovery

The central bank has cut its benchmark interest rate five times this year to 3.75 percent, its lowes...
Bank Indonesia delivers surprise cut to revive shrinking economy
Business 3 months ago

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Bank Indonesia delivers surprise cut to revive shrinking economy

Bank Indonesia trimmed its benchmark seven-day reverse repo rate by 25 basis points to 3.75 per...
Fed keeps policy steady as Biden inches closer to victory
Business 3 months ago

Fed keeps policy steady as Biden inches closer to victory

Powell said the Fed is only now beginning to consider whether it needs to extend various emergency c...
Eyes turn to Fed as US presidency remains in limbo
Business 3 months ago

Eyes turn to Fed as US presidency remains in limbo

The Fed's rate-setting Federal Open Market Committee (FOMC) opened its two-day policy meeting ho...
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