Indonesia Urges Powell, Other Global Financial Chiefs to Be More Aware of Policy Impact

The transcript discusses the role of the Federal Reserve in setting policies and the impact of these policies on emerging markets, particularly Indonesia. It highlights a conversation with Sri Mulyani Indrawati, Indonesia's Finance Minister, who emphasizes the challenges faced by Indonesia due to global economic changes, interest rate hikes, and the US-China trade war. Indrawati stresses the importance of global cooperation and the need for policymakers to consider the broader impact of their decisions. The discussion also touches on Indonesia's economic resilience and the potential for finding common ground in international economic policies.

What role did Sri Mulyani Indrawati play in Indonesia's economy between 2005 and 2010?

• She was the President of Indonesia.

• She was the Finance Minister, steering through the financial crisis.

• She was the head of the Central Bank.

• She was the CEO of a major Indonesian corporation.

What is one of the main concerns Sri Mulyani Indrawati expressed regarding the Federal Reserve's policies?

• The policies are beneficial for emerging markets.

• The policies are only affecting developed countries.

• The interest rate hikes are affecting emerging markets negatively.

• The policies have no impact on global markets.

How has the trade war between the US and China impacted Indonesia's economic outlook?

• It has caused Indonesia to become a major global economic power.

• It has led to a downgrade in Indonesia's economic growth outlook.

• It has had no effect on Indonesia's economy.

• It has improved Indonesia's economic growth.

What is the broader impact of the US-China trade war according to Sri Mulyani Indrawati?

• It has no impact on global trade mechanisms.

• It only affects the US and China.

• It benefits all other countries except the US and China.

• It affects global governance and trade mechanisms significantly.

What challenge does Sri Mulyani Indrawati highlight about achieving common ground among policymakers?

• Economics alone can solve all issues.

• Politics complicates the process of finding common ground.

• There is no need for common ground.

• All policymakers already agree on global issues.