ASEAN HEADLINE-ECONOMY | INDONESIA: US recession fears ‘mostly positive’ for Indonesia despite trade risks
People shop during Black Friday in the city of Arcadia, California, the United States, on Nov. 25, 2022. (AFP/Frederic J. Brown)
.
The government and experts say a slowdown in the world’s largest economy may bring advantages for emerging markets like Indonesia’s by expediting the anticipated reduction in interest rates. Deni Ghifari (The Jakarta Post) PREMIUM Jakarta Wed, August 7, 2024
.
An economic slowdown in the United States may benefit Indonesia by expediting a reduction in interest rates, the government says, as the resulting investment inflows and lower funding costs could offset declining exports.
.
Memento Maxima Digital MarketingFears of a US recession spooked financial markets in recent days, and while such an event is far from a forgone conclusion, officials in Jakarta have signaled they are closely monitoring developments. President Joko “Jokowi” Widodo said on Monday that “the most important
.
Click to read: https://www.thejakartapost.com/business/2024/08/07/us-recession-fears-mostly-positive-for-indonesia-despite-trade-risks.html.
.
Deni Ghifari (The Jakarta Post) PREMIUM Jakarta Wed, August 7, 2024
