- Markets continue to rally ahead of the February 2023 FOMC meeting, courtesy of the still-present Fed pivot sentiment and the rather colourful earnings season. However, weakening consumer demand amid continued policy tightening may force investors to downgrade their expectations for the periods ahead.
- The upcoming earnings season would also provide some boosts for the Indonesian stock market, considering the still-strong domestic consumption and the weakening inflation that would help to sustain aggregate demand growth.
