- Analytics
- News and Tools
- Market News
- Indonesia: BI seen on hold next week – UOB
Indonesia: BI seen on hold next week – UOB
Economist at UOB Group Lee Sue Ann suggests the Bank Indonesia will keep the policy rate unchanged at its meeting next week.
Key Quotes
24-hour view: “BI is of the view that inflation will stay within its target range of 2%-4% in 2022, in line with stability of the IDR, as well as policy response taken by BI and the government.”
“Our revised 2022 inflation forecast (average basis) is currently at 3.3%. We continue to maintain our view for BI to keep its benchmark rate unchanged in 1H22. Nevertheless, we are of the view that BI will start to hike its benchmark interest rates in the latter half of 2022.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
