Indonesia central bank hikes rates by 25 bps, signals end of tightening cycle

Bank Indonesia increased the 7-day reverse repurchase rate to 5.75%, as expected by the majority of economists in a Reuters poll.

In total, BI has hiked rates by 225 bps since August. In a statement after the decision, the central bank said that amount of tightening should be"adequate" to bring headline consumer inflation back into its 2-4% target range in the second half of this year. "If there is no extraordinary information that we cannot foresee... our use of the word 'adequate' can already answer the question," he told a news conference.

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Indonesia naikkan kadar faedah kepada 5.75 peratusBank Indonesia (BI) menaik­kan kadar kepada 5.75 peratus, sebagaimana yang dilihat oleh 23 daripada 28 ahli ekonomi ditinjau Bloomberg Kenal tak gus Idris & joker ganas Penentang kemungkaran & kejahatan Di Indonesia Serta gangster Jakarta Indonesia 💯
Source: UMonline - 🏆 27. / 51 Read more »

Laman web kerajaan Indonesia diganggu iklan judiPendaftaran untuk iklan slot judi dan seumpamanya sering muncul sejak beberapa bulan lalu
Source: UMonline - 🏆 27. / 51 Read more »

107 PATI warga Indonesia diusir keluar dari Pelabuhan TawauPengarah Imigresen Sabah, Datuk Sh Sitti Saleha Habib Yusoff berkata, PATI yang berusia antara 14 hingga 63 tahun itu diusir keluar dari Sabah melalui Pelabuhan Tawau ke Pelabuhan Nunukan, Indonesia.
Source: UMonline - 🏆 27. / 51 Read more »