U.S.–Venezuela Relations Show Signs of Thaw as Top Envoy Visits Caracas 
Asian Currencies Hold Firm as Dollar Rebounds on Fed Chair Nomination Hopes 
Trump Threatens 50% Tariff on Canadian Aircraft Amid Escalating U.S.-Canada Trade Dispute 
Wall Street Slides as Warsh Fed Nomination, Hot Inflation, and Precious Metals Rout Shake Markets 
U.S. Dollar Slides for Second Week as Tariff Threats and Iran Tensions Shake Markets 
Asia Stocks Pause as Tech Earnings, Fed Signals, and Dollar Weakness Drive Markets 
Philippine Economy Slows in Late 2025, Raising Expectations of Further Rate Cuts 
Wall Street Slips as Tech Stocks Slide on AI Spending Fears and Earnings Concerns 
Oil Prices Surge Toward Biggest Monthly Gains in Years Amid Middle East Tensions 
U.S. Eases Venezuela Oil Sanctions to Boost American Investment After Maduro Ouster 
Asian Currencies Trade Flat as Dollar Retreats After Fed Decision 
Asian Stocks Waver as Trump Signals Fed Pick, Shutdown Deal and Tech Earnings Stir Markets 
Indonesia Stocks Face Fragile Sentiment After MSCI Warning and Market Rout 
India Budget 2026: Modi Government Eyes Reforms Amid Global Uncertainty and Fiscal Pressures 
U.S. Government Faces Brief Shutdown as Congress Delays Funding Deal 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
Canada’s Trade Deficit Jumps in November as Exports Slide and Firms Diversify Away From U.S. 
Indonesia’s Inflation Trends: Headline Eases, Core Inflation Surges
October Inflation Overview
Indonesia's headline inflation rate eased to 1.71% in October, down from 1.84% in September. This rate aligns closely with analysts' forecast of 1.68% from a recent Reuters poll. It marks the lowest rate since October 2021, signaling some cooling in broader inflation trends.
Rising Core Inflation Reflects Demand Pressures
Despite the overall dip in headline inflation, core inflation—which excludes volatile food and government-regulated prices—jumped to 2.21% in October, up from 2.09% in September. This core inflation rate is the highest recorded since July 2023, defying analysts’ expectations for a stable figure and indicating increased demand pressures.
Bank Indonesia's Policy Outlook
The headline inflation rate remains within Bank Indonesia’s (BI) target range of 1.5% to 3.5%. Although BI lacks a specific target for core inflation, it considers core inflation trends in shaping monetary policy. Following an interest rate cut in September, BI Governor Perry Warjiyo has hinted at the potential for further cuts if inflation remains controlled, with the timing largely influenced by global economic conditions.
Outlook for 2025
BI anticipates maintaining low inflation through 2025. However, the recent rise in core inflation could signal a need for cautious policy adjustments in response to global market dynamics and domestic demand trends.
