Having surprised markets last month with a rate cut, Bank Indonesia (BI) left its key policy rate on hold today at 7.50%. Although we expect to see further rate cuts this year, the pace of easing is likely to be gradual.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services