Monetary Policy Archives - Open Ether Pad

Bank Indonesia Purchases $13 Billion in Bonds to Fund Government’s Asta Cita Program

OpenEtherPad Writer2 months ago2 months ago03 mins

In a significant show of fiscal support, Bank Indonesia bond purchase Asta Cita has emerged as one of the most substantial monetary actions this year. The central bank has confirmed its purchase of IDR 200 trillion (approximately USD 13 billion) in government bonds (SBN) to finance President Joko Widodo’s flagship Asta Cita national development agenda….

The Fed’s Jerome Powell Speaks Out: Why the Fed is Holding Interest Rates Steady

Jerome Powell Holds Interest Rates Steady: The Fed’s Decision Explained

OpenEtherPad Writer3 months ago3 months ago05 mins

Jerome Powell holds interest rates steady despite ongoing inflationary pressures and global economic uncertainties. As the Chairman of the Federal Reserve (Fed), Powell’s decision to keep rates unchanged has sparked debates and inquiries. The Federal Reserve has carefully considered economic indicators such as inflation, employment, and overall economic growth before making this call. Powell’s candid…