REYKJAVIK, Jakartaweekly.com — Federal Reserve Vice Chair for Supervision Michelle W. Bowman indicated that the U.S. central bank may still have room to keep its benchmark interest rate unchanged ahead of the next Federal Open Market Committee (FOMC) meeting in mid-June 2026. Speaking at the Reykjavík Economic Conference 2026 in Iceland on Friday (May 29, […]
CALIFORNIA, Jakartaweekly.com —Amid persistently high inflation in the United States, member Board of Governors of the Federal Reserve Lisa D. Cook said interest rates could still rise, with policymakers awaiting new economic data set to be released in the near future. Cook delivered the remarks during a speech at the Stanford Institute for Economic Policy […]
JAKARTA, Jakartaweekly.com — Federal Reserve Vice Chair for Supervision Michelle W. Bowman said fraud and financial scams are becoming an increasingly serious threat to US households and the country’s financial system, with net consumer losses estimated at US$63 billion throughout 2024. Speaking at the Women in Housing and Finance Symposium, Bowman said data from the […]
JAKARTA, Jakartaweekly.com — The rupiah depreciated against the US dollar in Tuesday’s trading session on April 28, 2026. The currency opened 27 points lower from the previous day’s close and extended its decline by another 5 points to Rp17,243 per US dollar. Overall, the rupiah fell by 32 points compared to Monday’s closing level of […]
JAKARTA, Jakartaweekly.com – The rupiah closed weaker on Wednesday (April 22, 2026), as the U.S. dollar strengthened amid rising geopolitical tensions and shifts in global monetary policy. Market data showed the rupiah fell 38 points to Rp17.181 per U.S. dollar, from a previous close of Rp17.142. During the session, the Indonesian currency at one point […]
