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IHS Markit: US GDP to Contract 3.5% in 2020

JAKARTA (TheInsiderStories) - United States (US) economy to pass pre-pandemic peak in late 2021, regain full employment in 2023, said Joel Prakken and Chris Varvares from IHS...

Powell: US Economic Recovery Slowing Down

JAKARTA (TheInsiderStories) - The Federal Reserve (Fed) chairman, Jerome Powell, rated the path of the United States (US) economy is going to “depend significantly on the...

Surprisingly! US’s Fed Cuts FFR Near to Zero Percent

JAKARTA (TheInsiderStories) - Surprisingly, United States (US) Federal Open Market Committee (FOMC) cut the Federal Fund Reserves rate by 100 basis points to a...

US’s Fed Leaves Rate Steady, Raises IOER

JAKARTA (TheInsiderStories) - The United States (US) Federal Reserve (Fed) left the target range for its federal funds rate unchanged at 1.5-1.75 percent at...

Powell: Fed Fund Rate “Likely to Remain Appropriate”

JAKARTA (TheInsiderStories) - United States (US) Federal Reserve (Fed) chairman Jerome Powell rated the current level of interest rates  “likely to remain appropriate” and should sustain...

Powell Hints No Further Cut This Year

JAKARTA (TheInsiderStories) - Federal Reserve (Fed) Chairman Jerome Powell hinted that the central bank is likely to keep its benchmark short-term interest rate unchanged...

US’s Federal Reserves Cuts Rate for 2nd Time in This Year

JAKARTA (TheInsiderStories) - The Federal Open Market Committee cut its federal funds rate (FFR) for second time to 1.75-2 percent in September meeting held on Wednesday...

BoJ, BoE Hold Rates to Addresses Global Economic Challenges

JAKARTA (TheInsiderStories) - Bank of Japan (BoJ) and Bank of England (BoE) kept its June' monetary policy steady, joining the United States (US) and...

US’s Fed Holds the Rate, Hints A Cut Later this Year

JAKARTA (TheInsiderStories) - United States' (US) Federal Reserve (Fed) hold its federal funds rate (FFR) at 2.25 percent to 2.5 percent in June. The central bank...

IMF Warns US Economy Weakens by Escalating Trade Wars

JAKARTA (TheInsiderStories) - The United States (US) economy is expanding faster than any other advanced nation, and in weeks will hit a historic milestone,...

Fed Rate May Hikes Once This Year, says DBS

JAKARTA (TheInsiderStories) – Although the Federal Reserve has signaled that it will hold the key benchmark rate in consonance with market consensus, but the Development...

US’s Federal Reserves Hints to Raises FFR Twice in 2019

JAKARTA (TheInsiderStories) – The Federal Open Market Committee (FOMC) hinted to raise the federal funds rate (FFR) twice in this year. In the latest meeting the...

Morning Briefing: Fed Delivers Third Rate Hike, Sends Hawkish Signal

JAKARTA (TheInsiderStories) - Good Morning. As expected, the Federal Reserve delivered the third rate hike this year and made a statement that can be interpreted as...

Morning Briefing: Baswedan Not Joining Opposition Ranks in 2019 Presidential Election

JAKARTA (TheInsiderStories) - Good Morning. Politics is the highlight of yesterday’s (August 23) news. First come from the Jakarta Governor Anies Baswedan, who will not take formal...

Weekly Briefing: Asian Games Ceremony Gives Diversion For Indonesians

JAKARTA (TheInsiderStories) - Good Morning. The 18th Asian Games in Jakarta opened with a lavish ceremony and great fanfare on Saturday (18/08), providing ordinary Indonesians with...

Morning Briefing: Analyst Sees a September Rate Hike by Fed

JAKARTA (TheInsiderStories) - Good morning. Federal Reserve (Fed) did not raise interest rates on Wednesday (01/08), but some analyst saw the U.S's central bank set the...