# US inflation spike deemed temporary, BI expects no Fed tapering this year - Business - The Jakarta Post

> Bank Indonesia and analysts view high US May inflation as temporary and do not expect the Fed to begin tapering its bond purchases in 2021. BI Governor Perry Warjiyo said Indonesia is preparing for tapering in 2022 by stabilizing the rupiah and government bonds. The rupiah traded at Rp14,203 per dollar.

- Date: 2021-06-15 · published 2021-06-15T12:00:00.000Z
- Category: report · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/46902-us-inflation-spike-deemed-temporary-bi-expects-no-fed-tapering-this-year
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Expectations of no near-term Fed tapering keep dollar liquidity supportive for emerging markets, limiting pressure on the rupiah and Indonesian feed import costs.

## Read by commodity

- USDIDR: neutral

## Sources

- thejakartapost.com: https://www.thejakartapost.com/news/2021/06/16/us-inflation-spike-deemed-temporary-bi-expects-no-fed-tapering-this-year

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