Jakarta, CNBC Indonesia- Anneke Wijaya with Chief Economist CNBC Indonesia, Anggito Abimanyu and Head of Treasury Financial Institution Bank Mega, Ralph Birger Poetiray
The US Central Bank is still giving a hawkish signal amid the Fed’s efforts to achieve its 2% inflation target and it is projected that the market still has the opportunity to raise interest rates before the end of 2023.
CNBC Indonesia Chief Economist, Anggito Abimanyu sees mixed signals regarding the Fed’s increase in interest rates. Where the US Central Bank is still determined to achieve the inflation target even though on the other hand there is a signal from the Fed to hold back on increasing interest rates.
On the other hand, Head of Treasury Financial Institution PT Bank Mega Tbk (MEGA)Ralph Birger Poetiray sees market doubts regarding the end time of the Fed’s “Higher for longer” policy considering that the inflation target has not been achieved.
What is the direction of the Central Bank’s policy and how does it impact the market and the Rupiah? For further details, see Anneke Wijaya’s dialogue with CNBC Indonesia’s Chief Economist, Anggito Abimanyu and Head of Treasury Financial Institution PT Bank Mega Tbk (MEGA)Ralph Birger Poetiray in Power Lunch,CNBCIndonesia (Monday, 13/11/2023)