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IDX:BBCA 22 October 2025

Shocking Rate Decision in Indonesia Sparks Market Jitters and Forecast Frenzy

Shocking Rate Decision in Indonesia Sparks Market Jitters and Forecast Frenzy

Indonesia’s central bank unexpectedly kept its benchmark rate at 4.75% in October, defying forecasts for a cut. Jakarta’s main stock index fell 1% and major bank shares dropped after the decision, while the rupiah strengthened slightly. Governor Perry Warjiyo cited low inflation and currency stability as reasons for the pause. Twenty-one out of 28 economists in a Reuters poll had predicted a rate cut.
22 October 2025
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Stock Market Today

  • S&P 500 Edges Flat After CPI Data; Tech Stocks Dip Amid AI Concerns
    June 10, 2026, 11:32 AM EDT. The S&P 500 held steady near 7,388 on Wednesday following a volatile session after the May Consumer Price Index (CPI) showed a 4.2% year-on-year increase, the fastest pace since April 2023. Despite hotter inflation, markets were unfazed but remain cautious, balancing concerns over rising energy prices and a potential pullback in AI-related tech stocks. The Dow declined 0.55%, while the Nasdaq edged just above water, pressured by declines in Nvidia, Broadcom, and Micron. Super Micro Computer's $7 billion fundraising plan to meet AI server demand weighed on its shares due to dilution. Energy stocks led gains, fueled by over 1% jump in oil prices. Bond yields moderately declined, offering some relief to equities as investors parsed inflation implications for Federal Reserve policy.

Latest articles

Dow Drops After CPI Surprise, Iran Concerns Keep Fed Outlook Uncertain

Dow Drops After CPI Surprise, Iran Concerns Keep Fed Outlook Uncertain

10 June 2026
Dow drops 0.55% to 50,592 after May CPI jumps 4.2% year-on-year, matching forecasts but fueled by a 7% surge in gasoline prices and rising energy costs, as renewed U.S.-Iran tensions and sharp losses in AI and industrial stocks add to investor caution, with Super Micro Computer plunging 14.2% on $7 billion equity plans and XPO, J.B. Hunt, Old Dominion falling up to 6.2% after Amazon expands freight service.
S&P 500 Swings After Hot CPI, AI Names Under Pressure

S&P 500 Swings After Hot CPI, AI Names Under Pressure

10 June 2026
May inflation jumped 4.2%—the fastest pace since April 2023—matching forecasts but keeping the Fed on hold, as energy prices fueled the rise; S&P 500 and Nasdaq steadied after early losses, but AI-linked stocks slid, with Super Micro Computer tumbling on a $7 billion share sale plan that risks diluting investors.
Chewy Drops After Q1 Beat With Outlook Warning

Chewy Drops After Q1 Beat With Outlook Warning

10 June 2026
Chewy slashed its 2026 net sales outlook to $13.40–$13.55 billion, below prior guidance and analyst estimates, sending shares down 50 cents to $19.90 as investors reacted to weaker-than-expected second-quarter forecasts despite a 7.7% first-quarter sales jump and improved profitability.
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