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A key driving factor was soaring government consumption ahead of the February general election, which included the race to succeed Joko ‘Jokowi’ Widodo as president, won by…
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DOI: 10.1108/OXAN-DB287205
ISSN: 2633-304X
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She repeated her determination to respond through a mix of different instruments ('optionality'), in a conservative manner ('gradualism'), and using as much leeway as her mandate…
The government has locked the country down for four weeks and legislated to borrow up 52 million dollars (30.7 million US dollars), equivalent to 17% of GDP. The Reserve Bank of…
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DOI: 10.1108/OXAN-DB251716
ISSN: 2633-304X
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Geographic
Topical
This seventh successive monthly increase takes the RBA’s benchmark cash rate to a nine-year high. With inflation now expected to exceed even the more recent RBA forecasts, further…