{
    "success": true,
    "data": {
        "id": 1563202,
        "msgid": "fed-statement-pushes-rupiah-weakness-analysts-1771552128",
        "date": "2026-02-18 17:58:14",
        "title": "Fed Statement Pushes Rupiah Weakness: Analysts",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Finance",
        "summary": "The Indonesian rupiah weakened 0.11 per cent to IDR 16,855 per US dollar following hawkish remarks from Federal Reserve officials Michael Barr and Mary Daly, who signalled that US interest rates would remain unchanged for some time. With the CME FedWatch Tool showing a 94 per cent probability of no rate change at the March 2026 FOMC meeting, analysts also expected Bank Indonesia to hold rates steady at its 19 February policy meeting amid continued pressure on the rupiah.",
        "content": "<p>The rupiah weakened against the US dollar at the opening of trade in\nJakarta on Wednesday, 18 February 2026, amid external pressure following\nhawkish signals from United States Federal Reserve officials.<\/p>\n<p>The rupiah fell 18 points, or 0.11 per cent, to IDR 16,855 per USD\nfrom IDR 16,837 per USD previously.<\/p>\n<p>Lukman Leong, a currency analyst at Doo Financial Futures, said the\ndepreciation followed hawkish remarks from Federal Reserve officials\nMichael Barr and Mary Daly.<\/p>\n<p>\u201cThe rupiah is expected to weaken against the strengthening US dollar\nfollowing hawkish statements from Federal Reserve officials Barr and\nDaly last night,\u201d he said in Jakarta on Wednesday.<\/p>\n<p>Barr, the Federal Reserve\u2019s vice chair for supervision, said the\nFed\u2019s benchmark interest rate would likely remain in place for some\ntime. Daly, president of the Federal Reserve Bank of San Francisco, said\ninflation still needs to decline further as it has not yet reached the\ncentral bank\u2019s target and the labour market remains volatile.<\/p>\n<p>Data from the CME FedWatch Tool showed that the probability of the\nFederal Reserve keeping its benchmark interest rate unchanged at the\nMarch 2026 Federal Open Market Committee meeting rose to 94 per cent\nfrom around 80 per cent previously.<\/p>\n<p>Domestically, investors are also anticipating Bank Indonesia\u2019s policy\nstance at its meeting on Thursday, 19 February 2026.<\/p>\n<p>\u201cBank Indonesia is expected to keep interest rates unchanged as the\nrupiah has been under pressure recently,\u201d Lukman said.<\/p>\n<p>Based on these factors, the rupiah is projected to trade in the range\nof IDR 16,800 to IDR 16,900 per USD.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/fed-statement-pushes-rupiah-weakness-analysts-1771552128",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}