A Certainty in the Chaos
The fear of tapering and higher interest rates after the Fed Chair Jay Powell's testimony to the Senate caused global stock prices to fall rapidly, including in Indonesia.
Yopie Hidayat
December 13, 2021
THE latest inflation in the United States is becoming more worrisome. The year-on-year inflation for November, which was released on Friday, December 10, revealed the highest inflation ever seen in the US since 1982, at 6.8 percent. This is quite the sharp increase from year-on-year inflation for October, which was 6.2 percent.
Such a high figure will be an additional push for the Federal Reserve to act. In his testimony before the US
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