Indonesia Unexpectedly Cuts Rate

Indonesia unexpectedly cuts rates and lowers growth forecast
It also comes just three months after President Prabowo Subianto took office with an ambitious goal of boosting growth to 8 per cent in the next five years. Indonesia has been growing at a steady rate of 5 per cent over the previous decade, except for during the Covid pandemic.
Bank Indonesia delivers surprise rate cut to support growth
Indonesia's central bank unexpectedly cut policy rates on Wednesday, resuming its monetary easing to prop up growth in Southeast Asia's largest economy despite financial market volatility that has sharply weakened the rupiah currency.
Indonesia Unexpectedly Cuts Rate as Growth Outlook Dims
Indonesia unexpectedly reduced its key interest rate in its first monetary policy decision this year, moving to bolster economic growth even after the local currency recently weakened beyond the key level of 16,
Indonesia's central bank surprises with rate cut amid weakening currency
E+ via Getty Images Bank Indonesia unexpectedly cut its benchmark interest rate by 25 basis points to 5.75%, marking its first rate cut
Indonesia surprises markets with a rate cut, rupiah slides
JAKARTA : Indonesia defied market expectations by cutting its key interest rate, moving to bolster economic growth even after the local currency’s recent slide beyond the key level of 16,000 to the dollar. Bank Indonesia (BI) lowered the benchmark BI-Rate by 25 basis points to 5.75% today.
Indonesia: Bank of Indonesia set to annouce benchmark interest rate
Members of the Bank of Indonesia Board of Governors began their meeting on Tuesday to discuss the benchmark interest rate (BI Rate) for January 2025. The interest rate is expected to remain at 6 percent,

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