# Video: Menanti Nasib Rupiah Jelang Keputusan The Fed

> The rupiah fell more than 1.31% in one week before the Fed decision on January 29, 2024. Economists cited expectations of a Fed rate cut in May and political tension over possible ministerial resignations. The CNBC Indonesia segment covered these drivers of rupiah volatility.

- Date: 2024-01-29 · published 2024-01-29T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/32449-video-menanti-nasib-rupiah-jelang-keputusan-the-fed
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Rupiah weakness and expected US rate timing affect import costs for Indonesian buyers of dollar-priced feed ingredients, but the global price effect is minor.

## Sources

- cnbcindonesia.com: https://www.cnbcindonesia.com/market/20240129170650-19-509907/video-menanti-nasib-rupiah-jelang-keputusan-the-fed

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.