Newly-appointed Finance Minister acknowledges that policy mistakes had been made

BI will likely focus on improving transmission of rate cuts to lending rates by supporting market liquidity

Decision in line with expectations of low inflation, stable rupiah, need to bolster economic activity, says BI Governor Perry Warjiyo

Robust investment, household spending drives growth, but economists remain cautious.

BENGALURU, July 14 — A bare majority of economists polled by Reuters expect Bank Indonesia (BI) to cut interest rates on Wednesday, while a wider majority expect it will do so by the end of the quarter.

JAKARTA, June 18 — Indonesia's central bank paused its easing cycle today, as expected, while urging commercial banks to reduce lending rates and boost credit growth to support the economy.

JAKARTA, May 19 — Bank Indonesia (BI) will resume its easing cycle on Wednesday with a quarter-point interest rate cut, a Reuters poll of economists found.

MAJALENGKA, Indonesia, March 11 — Waiting to break their fast during the holy month of Ramadan, clerics in the Indonesian town of Majalengka gathered for an unusual briefing on the subject of inflation, led by the country's central bank.

JAKARTA, Jan 16 — Indonesia's central bank said the rupiah's fall against US dollar was still under control, after the currency slid to its weakest level in more than six months today following a surprise cut in interest rates the day before.

BANGKOK, Oct 17 — The Bank of Thailand (BOT) will hold its key interest rate at 2.25 per cent at its final policy meeting for the year in December, following an unexpected 25-basis-point cut yesterday, according to economists in a Reuters snap poll.

JAKARTA, Oct 19 — Bank Indonesia (BI) has announced a 25 basis points increase in the benchmark interest rate to six per cent amid increasing global uncertainty, reported Xinhua.

BENGALURU, Oct 17 — Bank Indonesia (BI) will follow its regional peers and leave its interest rate unchanged on Oct.

JAKARTA, Sept 20 — Bank Indonesia (BI) will keep its key interest rate unchanged at 5.75 per cent on Thursday (September 21), and for the rest of the year to maintain the stability of the rupiah currency, similar to most of its Asian peers, as inflation continues to ease, a Reuters poll found.

JAKARTA, Jan 19 — Indonesia's central bank, Bank Indonesia, announced an increase of 25 basis points in benchmark interest rate to 5.75 per cent on Thursday in order to control inflation amid global economic fluctuation, reported Xinhua.

JAKARTA, Aug 1 — Indonesia’s inflation rate increased 4.94 per cent year-on-year (y-o-y) in July 2022 against 1.52 per cent in the same month last year, the highest since October 2015.

JAKARTA, June 23 — Indonesia's central bank left interest rates at a record low on Thursday, saying it was monitoring risks from rising inflation and would adjust monetary policy as needed.