Jakarta, Armfalcon.com- It is projected that the US Central Bank, The Fed will still raise the Fed Funds Rate reference rate of 25 Bps at the FOMC meeting in March 2023. However, market players also believe that the bankruptcy sentiment of a number of banks in the US will encourage The Fed to suppress its hawkish stance.
The Head of the Supervision Agency for Bank Indonesia, Muhammad Edhie Purnawan, also believes that the US banking crisis will pose a dilemma for the Fed’s efforts to suppress inflation, which is still at 6%.
What is the Fed’s policy direction? and how will it impact the startup sector and digital assets? In full, see Safrina Nasution’s dialogue with the Head of the Bank Indonesia Supervision Agency, Muhammad Edhie Purnawan at the Power Lunch,CNBCIndonesia (Monday, 20/03/2023)
source: www.cnbcindonesia.com
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