maaf email atau password anda salah

A Fiscal Anchor against Global Volatility

Monday, July 10, 2023

The surge in money supply is fueling inflation. Economic turmoil due to rising interest rates in developed economies is becoming more pronounced.

arsip tempo : 172862401143.

Ilustration Tempo/Imam Yunianto. tempo : 172862401143.

UNFORTUNATELY, there is no other option in central banks’ arsenal for curbing sticky inflation other than interest rate hikes. As inflation in many developed countries is so sticky, it is almost certain that interest would go up again soon. The financial market is roiling in anticipation. 

Last Thursday, for example, bond yields for two-year United States government bonds reached 5.02 percent, the highest since 2007. This is

...

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 54.945/Month

Active for 12 Months, Rp 659.340

  • *You Save -Rp 102.000
  • *Guaranteed update of up to 52 Editions of Tempo Magazine

Rp 64.380/Month

Active Every Month Cancel Anytime

  • *Free for the first month if using a Credit Card

See Other Packages

Already a Subscribed? Log in here
To receive daily news by Email, Sign up for Tempo ID.

More Articles

More exclusive contents

  • October 7, 2024

  • September 30, 2024

  • September 23, 2024

  • September 16, 2024

Independent journalism needs public support. By subscribing to Tempo, you will contribute to our ongoing efforts to produce accurate, in-depth and reliable information. We believe that you and everyone else can make all the right decisions if you receive correct and complete information. For this reason, since its establishment on March 6, 1971, Tempo has been and will always be committed to hard-hitting investigative journalism. For the public and the Republic.

Login Subscribe