# Bank Indonesia: Penurunan bunga The Fed sesuai prediksi

> Bank Indonesia said the Fed's October 30 rate cut, its third this year, matched its expectations. The central bank expects the cut to draw more foreign capital into Indonesian financial markets. The rupiah was near the psychological 14,000 per dollar level.

- Date: 2019-10-31 · published 2019-10-31T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/56887-bank-indonesia-penurunan-bunga-the-fed-sesuai-prediksi
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Expected foreign inflows support the rupiah, which lowers the local-currency cost of dollar-priced feed imports. The impact on feed prices is limited.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- aa.com.tr: https://www.aa.com.tr/id/dunia/bank-indonesia-penurunan-bunga-the-fed-sesuai-prediksi/1631639

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