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    Federal Government Performance Initiative Ends: Trump’s Cost-Cutting

    Federal Government Performance Initiative Ends: Trump’s Cost-Cutting

    The Department of Federal government Performance (DOGE), an Elon Musk-backed cost-cutting initiative, has disbanded. Despite exceeding departure goals, its duties shift to OPM. Impacting various agencies.

    Bank Indonesia to hold key rate at 6% on Oct. 16 amid rupiah concerns: Reuters poll By Reuters

    Bank Indonesia to hold key rate at 6% on Oct. 16 amid rupiah concerns: Reuters poll By Reuters

    Marking a shift in expectations, over 75% of economists, 24 of 31, in an Oct. 7-14 Reuters poll predicted the central bank would keep its benchmark seven-day reverse repurchase rate at 6.00% on Oct. 16.