South Korea Central Bank Signals Inflation Concerns as Oil Prices Surge 
Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
DOJ Ends Probe Into Fed Chair Jerome Powell, Boosting Kevin Warsh Confirmation Prospects 
Trump Says Iran Ceasefire ‘On Life Support’ as Oil Prices Surge Above $104 
RBA Raises Interest Rates to 4.35% Amid Rising Inflation Risks and Middle East Tensions 
ECB Rate Outlook: Ceasefire Eases Pressure but Hikes Still Expected in 2026 
Fed’s Goolsbee Warns Inflation Remains Elevated, Signals Caution on Rate Cuts 
S&P Global Revises Mexico Credit Outlook to Negative Amid Rising Debt Concerns 
Oil Prices Slip as Strait of Hormuz Disruptions and U.S. Inventory Data Keep Markets on Edge 
Asian Stocks Edge Higher as Tech Shares Rise Ahead of Trump-Xi Beijing Summit 
Indonesia’s headline inflation eased to 3.39 percent y/y in September, following two straight months of acceleration. A pullback in volatile food inflation more than offset a pick-up in administered prices and core inflation, ANZ Research reported.
On a sequential basis, headline CPI fell by 0.27 percent m/m in September, the first decline in seven months. The decline was led by food prices, which fell by 1.97 percent.
Most other major categories — such as housing, clothing, healthcare and education — saw prices rise further, but at a slower pace compared to the previous month.
Core CPI, which excludes volatile food and government-controlled prices, rose by 0.29 percent m/m in September, slower than the 0.43 percent gain seen in August. In y/y terms, core inflation edged up to 3.32 percent, the highest since February 2017.
The bottom line is that both headline and core inflation are likely to stay comfortably within the central bank’s 2.5-4.5 percent target band and will not prevent BI from easing monetary policy.
"We continue to see scope for at least one more 25bp cut in BI’s easing cycle, which will take its policy rate to 5.00 percent by end-2019," the report further commented.
