A Different Tantrum
Monday, February 21, 2022
This coming market tantrum is indeed different from the previous one. But, there is no certainty, how severe or how light its effect is.
FINANCIAL markets are having deja vus, thrown back to 2013 when the Federal Reserve increased interest rate and tightened the liquidity. History is repeating itself. Record high inflation pushes the Fed to take similar policies this time around. How resilient is Indonesia in facing the coming market tantrum? There is one answer from the World Bank in its World Development Report 2022, published last week. Its conclusion: it se
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