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Indonesia's finance minister Sri Mulyani Indrawati said the Federal Reserve's pause in rate hikes gives Indonesia an opportunity to accelerate growth, though she cautioned that the pause also signals a weak global economy. The Fed had earlier projected no further rate hikes in 2019.
A Fed pause weakens the dollar and supports emerging-market currencies and capital inflows, which can ease Indonesian feed import costs, but the weaker global growth outlook is a modest negative for feed demand.
cnbc.comWeizhen TanMar 25, 2019Not enough comparable past events yet for a historical read.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
