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Economic
Research
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17 February 2017
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Indonesia
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Economic
Update
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Bank Indonesia’s
(BI) board of governors maintained the BI 7-day (Reverse) Repo rate – the
benchmark policy rate – at 4.75% on 16 Feb 2017. Moving forward, albeit with
increasingly limited room, we believe BI could still cut its key policy rate
by another 25bps in 2017, to support economic growth under stable IDR
circumstances on:
1. Moderate
inflationary pressure;
2. Manageable
current account deficit.
Economist: Rizki Fajar| +6221 2970 7065
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Friday, February 17, 2017
BI May Still Cut Key Policy Rate In 2017
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