Indonesia cuts rates unexpectedly
Economists had tipped rates to stay on hold but the central bank said the economy's "steady improvement" justified a cut and that it was "confident that the rate cut will not disrupt achievement of the inflation target."
Upside risks to inflation posed by factors such as international oil prices were considered in making the decision.
The central bank said it was optimistic
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com test test test
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com test test test
More on Monetary Policy
Bostic says Fed is risking its credibility over inflation
Governor questions whether public will ‘lose faith’ after five years of above-target price rises
Fed vice-chair calls US labour market ‘anaemic’
However, Williams also expects economy to ‘pick up steam’ over coming years
Central banks finding new ways to tackle uncertainty – BIS study
Policy-makers using more scenario analysis and high-frequency data, survey finds
Hawkish RBA comments wrong-foot Aussie dollar rates traders
Governor Bullock’s unexpected rate hike talk led to stop-outs and losses
China to continue ‘moderately loose’ monetary policy in 2026
PBoC plans to work with other agencies in effort to boost consumption
Time to make doves cry
Jagjit Chadha warns of the perils of discretion as UK inflation is not securely converging on the target
Swiss central bank keeps rates at zero
SNB says developments in global economy still pose ‘main risk’ to domestic economic outlook
Fed cuts by 25bp amid another three-way split on FOMC
Miran votes for deeper cut, and Goolsbee and Schmid opt to hold, as experts point to stagflation risks