{
    "success": true,
    "data": {
        "id": 1987092,
        "msgid": "rupiah-movement-influenced-by-hawkish-signals-from-the-fed-1789703987",
        "date": "2026-09-18 10:07:47",
        "title": "Rupiah movement influenced by hawkish signals from the Fed",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Finance",
        "summary": "The Indonesian Rupiah is expected to fluctuate within the range of Rp17,700\u2013Rp17,850 per US dollar due to the Federal Reserve's hawkish stance. This follows the Fed's decision to raise the Fed Funds Rate by 25 basis points amid ongoing efforts to combat inflation.",
        "content": "<p>The Federal Reserve has raised the Fed Funds Rate (FFR) by 25 basis\npoints to 3.75\u20134.00 per cent, signalling a hawkish stance for the\nfuture, according to Josua Pardede, Chief Economist at Permata Bank.<\/p>\n<p>Quoting Xinhua, the updated economic projections summary from Federal\nOpen Market Committee (FOMC) participants indicates that most Fed\nofficials anticipate policy interest rates will rise to the 4 per cent\nto 4.25 per cent range by the end of 2026. This move is driven by their\nefforts to combat persistent inflation caused by supply shocks and\ngeopolitical pressures.<\/p>\n<p>The Federal Reserve still has two more meetings scheduled for this\nyear, specifically at the end of October and early December 2026.<\/p>\n<p>In related global news, US Energy Secretary Chris Wright reported\nthat Saudi Arabia\u2019s primary East-West crude oil pipeline is expected to\nresume operations shortly. The pipeline was shut down last weekend after\nbeing damaged by a drone attack originating from Iraq.<\/p>\n<p>Riyadh has been utilising the pipeline to divert crude oil exports to\nthe Red Sea amidst the US-Iran struggle for control in the Strait of\nHormuz. Although the pipeline remains temporarily closed, Saudi Arabia\nis diverting some oil shipments through Hormuz with support from the US\nmilitary, according to Wright.<\/p>\n<p>\u201cToday, we expect the rupiah to move within the range of\nRp17,700\u2013Rp17,850 per US dollar,\u201d said Josua.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/rupiah-movement-influenced-by-hawkish-signals-from-the-fed-1789703987",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}