# Indonesia can spur growth with Fed rate hike pause: Sri Mulyani

> 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.

- Date: 2019-03-25 · published 2019-03-25T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/60398-indonesia-can-spur-growth-with-fed-rate-hike-pause-sri-mulyani
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

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.

## Read by commodity

- DXY: bearish ▼
- USDIDR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-03-20 | [Even with a Fed rate hike, dollar can weaken further: Credit Suisse](https://feedsoft.ai/events/66188-even-with-a-fed-rate-hike-dollar-can-weaken-further-credit-suisse.md) | -0.9% | -1.2% |
| DXY | 2024-09-22 | [What Impact Will the Fed's Interest Rate Cut Have on the Indonesian Economy?](https://feedsoft.ai/events/28628-what-impact-will-the-fed-s-interest-rate-cut-have-on-the-indonesian-economy.md) | -0.2% | +2.5% |
| DXY | 2019-03-21 | [New Fed forecast for 2019: Slower growth and zero rate hikes \| AP News](https://feedsoft.ai/events/59991-new-fed-forecast-for-2019-slower-growth-and-zero-rate-hikes-ap-news.md) | +0.9% | +0.3% |
| DXY | 2023-12-13 | [With rate hikes likely done, Fed turns to timing of cuts \| Reuters](https://feedsoft.ai/events/32902-with-rate-hikes-likely-done-fed-turns-to-timing-of-cuts-reuters.md) | -1.0% | -0.7% |
| DXY | 2019-01-11 | [Gold shines on weak dollar, Fed chief's dovish tone on rate hike](https://feedsoft.ai/events/61008-gold-shines-on-weak-dollar-fed-chief-s-dovish-tone-on-rate-hike.md) | +0.4% | +0.9% |

## Sources

- cnbc.com: https://www.cnbc.com/2019/03/25/indonesia-can-spur-growth-with-fed-rate-hike-pause-sri-mulyani.html

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