Tuesday, 19 February 2019
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Wednesday, 13 February 2019 02:00 WIB

Federal Reserve Chairman Jerome Powell said the U.S. economy is œstrong though its benefits haven™t been felt evenly across the country. Speaking in Itta Bena, Mississippi, located in Leflore County where unemployment at 7.3 percent in December was almost double the national average, Powell said œwe know that prosperity has not been felt as much in some areas, including many rural places. The central bank can help by delivering on its goals for price stability and full employment, he said. It was the first visit by a Fed chairman to the nation™s...

RECENT NEWS
Carney Says Brexit Could Provide Acid Test for Global Economy
Tuesday, 12 February 2019 21:18 WIB | BOE Mark Carney,

Brexit could be an œacid test for how the world economy might fare under the new rules of trade, according to Bank of England Governor Mark Carney. œIn many respects, Brexit is the first test of a new global order and could prove the acid test of whether a way can be found to broaden the benefits of openness while enhancing democratic accountability, Carney said in a speech in London Tuesday. œBrexit could affect both the short and long-term global outlooks. With the clock ticking on the U.K.s exit from the European Union, Carney also said its œin the...

BOE Cuts Forecasts, Says Brexit Damage to Economy Has Risen
Thursday, 7 February 2019 19:18 WIB | BOE

The Bank of England warned that damage to the economy from Brexit has increased as it cut its growth forecast and predicted a dramatic slump in investment. As the U.K. approaches the March 29 deadline to leave the European Union without yet having a deal for a new relationship settled, businesses are slashing spending and consumers are growing more worried. The BOE said that œuncertainty had intensified, and now forecasts 1.2 percent growth this year, down from 1.7 percent predicted three months ago, the biggest downgrade since the 2016 referendum. The global backdrop...

FOMC leaves fed funds unchanged, to be 'patient' on rates
Thursday, 31 January 2019 02:12 WIB |

The Federal Reserve on Wednesday left a key U.S. interest rate unchanged and dropped longstanding language that suggested more rate hikes are on the way, stressing it will be 'patient' before determining its next steps. The central bank also said it's prepared to "adjust any of of the details" of its balance-sheet runoff if necessary. The vote was 10-0. The Fed adopted its new stance in response to "muted inflation" and recent "global economic and financial developments." The U.S. economy, meanwhile, was seen expanding at a "solid" rate in early 2019 instead of the "strong" pace the...

ECB's Draghi Warns That Uncertainty is Weighing on Sentiment
Monday, 28 January 2019 22:10 WIB |

The euro zone economy has performed worse than expected in recent months and global uncertainty is weighing on economic sentiment, European Central Bank President Mario Draghi said on Monday, repeating the bank's recent warnings about growth. The ECB left policy on hold last week but warned that the bloc's growth dip may be bigger and longer than earlier feared, pointing to even more protracted policy normalization and suggesting that the banks next step could be to provide more support, not less. œOver the past few months, incoming information has continued to be weaker than expected...

Draghi: Risks to eurozone growth outlook 'have moved to the downside'
Thursday, 24 January 2019 20:49 WIB |

European Central Bank President Mario Draghi on Thursday said the balance of risks surrounding the eurozone economic outlook have shifted to the downside. He blamed persistent uncertainties tied to "geopolitical factors" and the threat of protectionism as well as vulnerabilities in emerging markets and financial market volatility. Draghi in December had described risks as broadly balanced. The euro remained lower versus the dollar, off 0.5%, at $1.1328. Source: Bloomberg

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FISCAL
ECB's Draghi Warns That Uncertainty is Weighing on Sentiment
Monday, 28 January 2019 22:10 WIB

The euro zone economy has performed worse than expected in recent months and global uncertainty is weighing on economic sentiment, European Central Bank President Mario Draghi said on Monday,...

MONETARY
BOJ Menjaga Kebijakan Tidak Berubah, Mengurangi Perkiraan Inflasi
Friday, 15 June 2018 10:01 WIB

Bank of Japan meninggalkan kebijakan moneter tidak berubah bahkan ketika menurunkan penilaian inflasi, turun lebih jauh di belakang rekan globalnya pada akhir minggu yang sibuk bagi bank-bank...