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Slower Pace to the Peak and the Bottom

Monday, 7 November 2022

High inflation pushes the Fed to keep raising interest rates, while rupiah is slowly slumping to the lowest point.

Ilustration Imam Yunianto. tempo : 168555338669_

A GRIM projection has come from the Federal Reserve Chair Jerome Powell. After the Fed rate hike was announced last Wednesday, reporters asked: will the Fed be able to make a ‘soft landing’, slowly decelerate the United States economy while keeping inflation down, without throwing it into recession? Powell answered bluntly: it is still possible, but the path is getting narrower.

And so, belligerent inflation has thrown the Fed into d

...

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Yopie Hidayat

weekly economic review weekly economic review Global Inflation The Fed

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