The fed to look at reviding a great recsesion-era promise to keep interest rates low

07 September 2020

Research

The yield on the 10-year Indonesian government bond increased 4 bps from 28 August 2020 to 6.94% on September 4, 2020. Howver, the 10-year Indonesian cds showed a slight decline, closing at 88 bps on 3 September 2020, Down 9 bps From a week ago, August 28th. In addition, the rupiah exchange rate again the USD depreciated by 0.81%, with a value of IDR 14,750 per USD on 4 September 2020, from IDR 14,632 as of 28 August 2020.Federal Reserve PolicyMakers are looking at reviding a great recension- To keep interest rates low up to Certain conditions, in a bid to deliver a more rapid recovery from the recension triggered by the coronavirus pandemic. The PolicyMakers "Generally Indicated Support" for Tying Rate-Setting Policy to Specific Economic Outcomes, Minutes from the U.S. Central Bank`s June 9-10 Policy Meeting Showed on Wednesday. "A number" favored a promise to leave rates low up to inflation meets or even modestly exceeds the fed’s 2% goal. (Reuters) Source: Danareksa Sekuritas Debt Researchphoto by Matt Thomason on Unsplash