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    US Fed Maintained Rates at 4.25%–4.50%

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    NILAI TUKAR RUPIAH MELEMAH TERHADAP DOLAR AS

    Published On

    08 May 2025 - 08.53am
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    US Fed Maintained Rates at 4.25%–4.50%

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    Latest update: 19-08-2025, 02:12

    US Fed Maintained Rates at 4.25%–4.50%

    The Fed held its benchmark interest rate steady at 4.25%–4.50% in May-25 for the third straight meeting, as expected, while adopting a cautious stance amid rising uncertainty over inflation and economic growth due to President Trump's tariffs. Fed Chair Powell emphasized a patient, data-driven approach, stating it remains too early to judge whether inflation or unemployment poses the bigger risk. (Trading Economics)

    INDUSTRY 
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    COMPANY 
    Jasa Marga (JSMR) Distributed IDR 1.13 Tn Dividend and Reshuffled Key Management 
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    Aneka Tambang (ANTM) Expanded to Jewelry Business 
    ANTM diversified into jewelry and custom product manufacturing to boost its precious metals and refining segment. The new business is expected to add IDR 571 bn in sales and IDR 41.96 bn in net profit in 2025, with targets of IDR 1 tn in sales and IDR 78.28 bn in profit by 2029. (Kontan) 

    Grab Rumored to Finalize GoTo Gojek Tokopedia (GOTO) Acquisition in 2Q25 
    Grab was reported to finalize the acquisition of GOTO in 2Q25, with advisors appointed and talks ongoing with banks. Grab may acquire GOTO for around USD 7 bn, above GOTO's current market cap of USD 5.8 bn. The deal structure likely includes Grab acquiring GOTO's full domestic operations (excluding financial services) and its international unit in Singapore. (Bisnis.com)