Pantheon Macroeconomics

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21st Jan 2022 00:10Emerging Asia, Daily Monitor

  • Bank Indonesia is more than ready to unwind Covid support, looking at the full reversal of RRR cuts...
  • ...But rate hikes are unlikely until mid-year, in spite of BI's hawkish view on the Fed; thank Omicron.
  • Loan growth will surpass BI's 2022 forecast soon, and inflation is unlikely to stay a non-issue for long.

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Keywords for: Omicron Poses Short-Term Worries, but BI Normalisation is Coming

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