The Effects of the US Interest Rates Rise for Indonesia Economic in Short Run

For the first time in last ten years, the Fed raises the interest rate to a range of 0.25% to 0.5%. Though many people had predicted this, some people, including me, had different projection because it was uncommon for the Fed to raise interest rate in December 2015. The US interest rates rise has vast impact for the US and global economic. This essay aims to discuss the effects of interest rate rise for Indonesian economic in short run.