Emerging Asia Economics

Emerging Asia Economics Update

16 November, 2017

Further easing in Indonesia likely to be very gradual

Today’s decision by Bank Indonesia to leave interest rates unchanged at 4.25% does not mean the easing cycle is over. However, with worries growing about the strength of the rupiah, we think any further easing is likely to be very gradual. We are expecting just one further 25bp rate cut next year.

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