November 27, 2021

Politics & News

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Bank Indonesia Stays on Hold, Extends Pro-Growth Policies

1 min read

What Bloomberg Economics Says…

“Steady rates may be the optimal choice as the central bank will have to continue to navigate between competing concerns — sub-par domestic demand, rupiah vulnerability and building price pressures. By the second half of 2022, the pressure to lift the policy rate is likely to be acute, in our view, especially if the Federal Reserve unexpectedly brings forward the start of its rate hikes.”

Tamara Mast Henderson, Asean economist

Click here to read the full note

Grace Sihombing
2021-10-19 03:51:27

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