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JAKARTA – The Board of Governors meeting of the Bank of Indonesia (RDG BI) monitors the uncertainty surrounding the global financial markets that remain high amid the unequal dynamics of economic growth World.
The US economy is expected to grow rapidly with the rise in inflation, while European economic growth is not as strong as previous estimates and as China's economic growth n & # 39; Nor has it increased. The dynamics of the global economy are leading to slower growth in trade volume and commodity prices.
"With the rise in inflation, the Fed should continue to raise its key rate, said BI Governor Perry Warjiyo at the central office of the BI in Jakarta on Friday (19/7 / 2018).]
Trade tensions between the United States and China increase risks in global financial markets as well as the risk of a sustained global economic recovery. These developments led to the strengthening of the US dollar against almost all world currencies, including rupiah. The high level of uncertainty in global financial markets has also led to continued reversal of emerging market capital.
(KMJ)
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