{
    "success": true,
    "data": {
        "id": 1809273,
        "msgid": "rupiah-weakens-following-hawkish-statement-from-the-fed-1781758491",
        "date": "2026-06-18 10:45:23",
        "title": "Rupiah weakens following hawkish statement from the Fed",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Finance",
        "summary": "The Indonesian rupiah depreciated against the US dollar on Thursday morning, influenced by a hawkish stance from the Federal Reserve that dampened hopes for a rate cut this year. The Fed held its benchmark rate steady, while Bank Indonesia is expected to maintain its own reference rate at its Board of Governors meeting today.",
        "content": "<p>Jakarta (ANTARA) - The rupiah exchange rate weakened by 94 points, or\n0.53 percent, to Rp17,856 per US dollar on Thursday morning, compared to\nthe previous close of Rp17,762 per US dollar.<\/p>\n<p>Analyst Rully Nova from Bank Woori Saudara assessed that the rupiah\u2019s\ndepreciation was influenced by a hawkish statement from the Federal\nReserve.<\/p>\n<p>\u201cThe rupiah is expected to weaken today in the range of Rp17,730 to\nRp17,810, influenced by the global factor of the Fed\u2019s interest rate\ndecision last night, which remained unchanged, and the Fed\u2019s hawkish\nstatement that rates will stay high for longer, dashing hopes for a\nsingle rate cut this year, and pushing the dollar index above 100,\u201d he\ntold ANTARA in Jakarta on Thursday.<\/p>\n<p>Citing Anadolu, the Fed decided to maintain its benchmark interest\nrate in the range of 3.5-3.75 percent. The decision marked the Federal\nOpen Market Committee (FOMC) meeting under Kevin Warsh as Fed Chair amid\ninflation threats, energy supply shocks, and geopolitical uncertainty\ndue to conflict in the Middle East. The Fed emphasised maintaining ample\nreserves in the banking system and said this would provide price\nstability.<\/p>\n<p>Domestic sentiment is influenced by the potential for Bank Indonesia\n(BI) to hold its benchmark interest rate. \u201cBI is expected to hold the\nbenchmark rate at the BI Board of Governors meeting this afternoon,\nalthough there is still room for another increase next month,\u201d said\nRully.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/rupiah-weakens-following-hawkish-statement-from-the-fed-1781758491",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}