Jakarta – The President Director of PT Bank Rakyat Indonesia (Persero) Tbk or BRI, Sunarso, explained the impact of Donald Trump‘s victory in the United States (US) presidential election (Pilpres) on the Indonesian economy. Sunarso said Trump’s America First policy would tend to be more protectionist. This is likely to increase inflation and is followed … Read more
Jakarta, CNBC Indonesia – World gold prices moved lower amid a rise in the United States (US) dollar and expectations of a more cautious monetary policy from the US central bank, The Federal Reserve (The Fed). Gold prices are expected to be volatile this week due to the mid-week US inflation announcement. In trading on … Read more
Jakarta – Federal Reserve Chairman Jerome Powell said he would not resign even if the President of the United States (US) Donald Trump asked him to. Quoted from CNN, Powell said that the president did not have the authority to remove Powell from his position. “It is not allowed by law,” he was quoted as … Read more