Indonesia: BI is seen holding rates this week – UOB – by pabspiovano Indonesia CentralBanks Banks InterestRate
Economist at UOB Group Lee Sue Ann suggests the Ban Indonesia could eep its policy rate unchanged at its meeting later in the week.“BI remains of the view that inflation expectations are anchored and rupiah stability is here to stay.”
“Thus, we keep our BI rate forecast to remain unchanged at 5.75% for the rest of this year and for BI to potentially embark on a rate cut cycle in 1H24.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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