<![CDATA[The capital market plays a strategic role in the economy as a medium for long-term fund mobilization and an investment alternative. Changes in macroeconomic conditions, particularly inflation and interest rates as monetary policy instruments, may affect stock market performance, including the banking sector. This study aims to analyze the effect of inflation and interest rates on the stock prices of banking companies included in the LQ45 index during the 2020-2024 period. A quantitative approach using descriptive analysis and multiple linear regression was employed. The data were obtained from banking companies consistently listed in the LQ45 index. The results indicate that inflation does not have a significant partial effect on banking stock prices, while interest rates have a significant negative effect. However, inflation and interest rates simultaneously have a significant influence on banking stock prices. These findings suggest that macroeconomic factors collectively play an important role in determining banking stock performance and should be considered in investment decision-making]]>
Copyrights © 2025
