# The Fed Pangkas Suku Bunga, Akankah Mata Uang Garuda Bangkit?

> The rupiah closed flat on October 30 at 14,022 per dollar as Indonesian markets traded in a narrow range. Investors weighed reports that the US and China may not sign their phase-one trade deal at APEC. The Fed rate cut was also in focus.

- Date: 2019-10-30 · published 2019-10-30T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/56888-the-fed-pangkas-suku-bunga-akankah-mata-uang-garuda-bangkit
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Doubts about the US-China deal weigh on sentiment toward emerging-market currencies and farm export demand. For Indonesia the net effect on the rupiah is small.

## Read by commodity

- USDIDR: neutral

## Sources

- cnbcindonesia.com: https://www.cnbcindonesia.com/research/20191030180203-128-111470/the-fed-pangkas-suku-bunga-akankah-mata-uang-garuda-bangkit

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