Indonesia: BI to hold, but not for long – Societe Generale Indonesia CentralBanks InterestRate Banks
Analysts at Societe Generale offer a sneak peek at what they expect from Bank Indonesia, on the policy front, for 2022.“Indonesia's December headline inflation touched an 18-month high of 1.9% and we expect it to inch up from here and move toward its median target of 3.0% in 2022.”
“We bring forward our rate hike expectation from 3Q22 to 2Q22 and now expect two rate hikes of 25bp each in 2022 rather than one.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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