Talkshow With Andry Asmoro - Bank Mandiri Chief Economist: “Fed Impact: Rate Cuts And Market Reaction”
The FED preffered inflation inflation gauge, known as the personal consumption index, or PCE in February, was in line with market estimates as it came in at 2.5% year on year, nearing the FED's inflation target of 2%. The urcertainty surrounding the FED's timeline for the rate cuts has stirred some ambiguity in the markets. However. the anticipation of those cuts has also led to some bullish runs. Watch our discussions with Bank Mandiri Chief Economist, Mr. Andry Asmoro, to dive deeper into the FED's potentiall rate cuts and market reactions.