Indonesia February inflation rate beats view on soaring rice, chilli prices
Friday, 1 March 2024 Indonesia's February inflation of 2.75% exceeded expectations on surging food prices. Bank Indonesia (BI) expects interest rate cuts only in H2 2024. Rice, chicken, and chili prices were major contributors. Core inflation remained steady at 1.68%.
Powell Says , Fed Remains Reluctant to Start , Lowering Interest Rates.
On March 6, Federal Reserve Chair Jerome Powell
said that interest rates will start to drop at
some point this year, without..
Credit: Wibbitz Top Stories Duration: 01:31Published