Macro & Policy
BusinessThe latest on Macro & Policy from our Business desk.
Stock market dow falls as Treasury yields climb
U.S. stocks retreated from record highs on Wednesday as rising bond yields weighed on equities and investors reviewed minutes from the Federal Reserve’s September meeting. The Dow Jones Industrial Average fell 0.6%, while the S&P 500 and Nasdaq Composite each lost 0.2%. The 30-year Treasury yield briefly reached its highest level since 2002 before closing at 5.66%.
Rising Bond Volatility Diverges From Calm U.S. Stock Market VIX
U.S. Treasury volatility has climbed while the VIX and bitcoin’s implied volatility remain near year-to-date lows. The gap is drawing attention from market observers who say bond-market turbulence can spread to other assets with a delay. The MOVE Index rose 46% in June and is near its March high, as corporate bond volatility also increased, according to Cboe and CoinDesk.
US Mortgage Rates Rise, Increasing Borrowing Costs for Homebuyers
Current mortgage rates in Fortune’s latest Mortgage Research Center data show the average 30-year fixed conforming loan at 7.542%. The 15-year average reached 6.737%, while jumbo, FHA and VA rates also rose from the previous report. A $300,000 loan illustration shows how the higher rates translate into lifetime interest costs, though individual offers vary.
BTC USD in Focus as Japan Data Tests French Bond Spillover
Japan’s October trading data could show whether a French bond selloff spread through global markets. Bitcoin and ether fell as much as 20% in the 2024 yen shock, raising stakes for btc usd traders.
Australia’s housing slide deepens as prices fall for sixth straight month, stoking recession worries
Australia’s property market is sliding faster than many expected. House prices fell for a sixth straight month in September, and analysts are warning the dow...
Rupiah Slips to 17,602 per Dollar as Fed, Mideast Weigh
kurs usd hari ini showed the rupiah sliding to 17,600 per US dollar on Friday, May 15, 2026, with Google data later showing 17,602 on Saturday morning. Traders are watching Fed leadership changes, Middle East tensions, and possible Bank Indonesia intervention.
Bank Indonesia Shifts Rupiah Defense As Dollar Nears 18,000
Bank Indonesia is leaning harder on hedging and liquidity tools as dollar ke rupiah comes under pressure near 18,000, with the dollar firm and oil prices rising.
Rupiah Nears 18,000 as Bank Indonesia Shifts to Hedging
Bank Indonesia is preparing new monetary, macroprudential and payment-system measures as the dollar to rupiah rate moves back near 18,000. Governor Destry Damayanti told lawmakers the central bank is expanding liquidity support and relying more on hedging.
Australia inflation jumps back to 4% as oil prices sharpen pressure on RBA
Australia’s inflation fight just got harder. Fresh consumer price data showed annual headline inflation jumped back to 4% in August, a day after the Reserve
Trump weighs temporary tariff break for Canada as midnight deadline looms
A temporary tariff reprieve for Canada is now sitting on President Donald Trump’s desk, with US and Canadian negotiators racing toward an interim trade deal
Rupiah Slips to 17,600 as Dollar Pressure Mounts
Rupiah fell to 17,600 per US dollar on Friday, May 15, 2026, and Google data showed 17,602 on Saturday morning. Traders are watching the Fed's new leadership, Bank Indonesia's limited weekend intervention, and the chance of another move before month-end.
Kurs Dollar Gets 137,489 Impressions But Only 62 Clicks
Search interest around the keyword kurs dollar reached 137,489 impressions in Google Search Console, but clicks stayed low at 62. The data points to strong curiosity and weak conversion, with the query sitting at an average position of 7.369375.
Perry Warjiyo Sees Rupiah Rebounding in July or August 2026
Bank Indonesia Governor Perry Warjiyo said rupiah hari ini is expected to recover in July or August 2026 after a drop to 17,600 per US dollar. He pointed to seasonal forex demand, APBN assumptions, and past crisis patterns.
BI Sees Rupiah at Rp16,430 Per Dollar in 2026 Forecast
Bank Indonesia projects the rupiah at Rp16,430 per US dollar in 2026, slightly stronger than the state budget assumption. The forecast comes as the central bank keeps intervening across multiple markets to calm volatility.
Bank Indonesia Sees Rupiah at 16,430 Per Dollar in 2026
Bank Indonesia projects the rupiah at around Rp16,430 per U.S. dollar in 2026, above the government’s APBN assumption. The central bank says stability operations will continue as global uncertainty stays elevated.
US Slaps New Tariffs on Dozens of Trading Partners After Supreme Court Ruling
The United States has imposed a new wave of tariffs on dozens of trading partners, replacing a temporary global duty that had been put in
US sets 12.5% tariff on Australian exports as broader trade measures take effect
The United States has confirmed a new 12.5% tariff on Australian exports, with the levy due to take effect later today and replace a 10%
Trump taps old Smoot-Hawley tariff power to target Canada
President Donald Trump is reaching back to a long-dormant corner of U.S. trade law to impose extra tariffs on Canada, reviving an authority tied to
Trump slaps 50% tariff on Canadian imports, sharply raising North American trade tensions
President Donald Trump has imposed a 50% tariff on Canadian imports, a move that instantly raises the cost of cross-border trade and jolts the close
Rupiah Opens Slightly Stronger at Rp17,982 as S&P Backs It
Rupiah hari ini opened firmer at Rp17,982 per US dollar on Friday, helped by S&P’s credit rating decision, even as traders watched Fed comments and Middle East tensions.
US Tariff Bill on Russian Oil Rattles New Delhi, Clouds Trade Talks With Washington
India is watching Washington warily. A bill introduced in the United States proposes tariffs of up to 100 percent targeting imports of Russian oil —
Global Inflation Jumps To 4.2% As Energy Costs Rise Again
Global inflation jumps to 4 2 in the latest reading, with energy, food and services costs all adding pressure. The data complicate the outlook for central banks and keep household budgets under strain.
July 2026 Fuel Prices Face Pressure Amid 3.34% Inflation
JAKARTA, JOURNALARTA.COM – As Indonesia’s annual inflation rose to 3.34% in June 2026, public attention and business concerns have once again centered on a crucial commodity: fuel, or BBM.
Airfare Ceiling Tariff Will Remove Fuel Surcharge, Ministry Says
Jakarta, Indonesia — The government’s new airfare ceiling tariff will scrap the separate fuel surcharge when it takes effect, Transportation Minister Dudy Purwagandhi said Sunday. The planned rule comes as officials review jet fuel prices, the rupiah, and global oil markets before updating the long-standing fare cap first set in 2019.