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Asian Markets Swing as US Inflation Spikes See Rate Hike Bets Soar

Asian Markets Swing as US Inflation Spikes See Rate Hike Bets Soar

Months of soaring inflation have rocked global markets.
Business
Indonesia Inflation May Plunge to 1.5%-3.5% in 2024: Central Bank

Indonesia Inflation May Plunge to 1.5%-3.5% in 2024: Central Bank

"This estimate is supported by close synergy between the government and the central bank," said Bank Indonesia (BI) Governor Perry Warjiyo.
Business
Indonesia Central Bank to Reduce Inflation to 3.61% in 2023

Indonesia Central Bank to Reduce Inflation to 3.61% in 2023

According to BI’s estimates, Indonesia’s CPI inflation reached 6.11 percent YoY as of Nov. 3.
News
Indonesia Hikes Rates for Second Straight Month to Stem Inflation

Indonesia Hikes Rates for Second Straight Month to Stem Inflation

Bank Indonesia pushed the policy rate to 4.25 from 3.75 percent.
Business
Jokowi to Regional Leaders: Use Regional Budget to Control Inflation

Jokowi to Regional Leaders: Use Regional Budget to Control Inflation

The fuel price hike could contribute up to 1.8 percent to inflation, and therefore, efforts must be taken to prevent an inflation surge.
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