Pantheon Macroeconomics

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25th May 2022 00:10Emerging Asia, Daily Monitor

Bank Indonesia kept its policy rate steady, at 3.50%, despite growing expectations of an imminent hike.

The Board laid out a more aggressive schedule for RRR increases, though, with credit growth flying...

...This, plus a less-troubling inflation outlook, should rein in expectations for a total of three hikes in H2.

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Keywords for: BI's Higher RRR Hikes Should Temper 2022 Rate Expectations

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