For Indonesia, It’s Back To 1998 As ‘Nobody Wants To Mess With Uncertainties’

It probably wouldn't be fair to say that Indonesia is at the "center" of the storm when it comes to emerging market turmoil, but it's not a stretch to say they're under a whole lot of pressure. Acute, idiosyncratic flareups in Turkey and Argentina should always be viewed through the lens of broader EM vulnerability to a rollback of post-crisis accommodation by developed market central banks. Back in May, at an IMF/SNB event, Jerome Powell insisted that emerging economies should prove to be res