The Impending Danger of Rate Hikes and Global Recession - Market Pulse - magz.tempo.co

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The Impending Danger of Rate Hikes and Global Recession

Monday, July 3, 2023

Indonesia's economy is still fine. However, unstable global economic conditions can pose a great risk, so Bank Indonesia must take a position of more neutral monetary policy.

Ilustration Tempoo/Imam Yunianto. tempo : 173483760719.

ONCE again, a negative signal was sent out by central bank leaders of the developed countries. After convening in Sintra, Portugal, last week, they simultaneously sent out a signal that worried the market. Rate hikes will keep happening in the second half of this year. Central banks have no choice as inflation will not be going down, staying far above the target, despite interest rates rising sign

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Bank Indonesia Federal Reserves inflation Interest Rate Global Recession

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