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Signs of Economic Slowdown Amidst Strong Optimism

Monday, September 9, 2024

Optimism is brewing in the financial markets, while the real sector is signaling a slowdown. A heavy burden for the incoming president.

arsip tempo : 173324395855.

Ilustration by Alvin Siregar. tempo : 173324395855.

OPTIMISM is sweeping through Indonesia’s financial markets. It is only a matter of time before the Federal Reserve cuts interest rates, triggering a large-scale shift of investment capital on a global scale. In fact, this process has already begun. Over the past month, additional offshore funds flowing into Indonesian government bonds have reached around US$2.3 billion.

As a result, the rupiah has continued to strengthen, appreciating

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Yopie Hidayat

Prabowo Subianto Rupiah weekly economic review Indonesian financial market Economic Slowdown
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