Pantheon Macroeconomics

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19th Feb 2024 21:44Emerging AsiaDaily Monitor

  • We’re firmly with the consensus today, expecting Bank Indonesia to hold the BI rate at 6.00%.
  • We continue to believe the first cut will come in Q2; the consensus is too pessimistic on inflation.
  • BI is banking partly on construction to lift GDP growth in 2024, but the underlying trends are weak.

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Keywords for: 21 February 2024 Emerging Asia Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence