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The Jakarta Post
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monetary-policy

Monetary policy beyond low inflation
Opinion 2 months ago

Monetary policy beyond low inflation

The COVID-19 pandemic has opened another front for the Indonesian authorities to test their capabili...
Bank Indonesia trims policy rate to boost growth, signals further cut
Business 3 months ago

Bank Indonesia trims policy rate to boost growth, signals further cut

The central bank has slashed its benchmark interest rate by 25 basis points to 4.25 percent and sees...
Fed says beating pandemic is key, but how will it know things are better?
Business 3 months ago

Fed says beating pandemic is key, but how will it know things are better?

The stunning May payrolls data released by the Labor Department on Friday could temper some of the u...
China stands pat on benchmark rate, signals brief pause in easing efforts
Business 4 months ago

China stands pat on benchmark rate, signals brief pause in easing efforts

Some analysts expect more aggressive monetary and fiscal stimulus could be rolled out soon to help c...
Bank Indonesia holds rate to safeguard financial market stability
Business 4 months ago

Bank Indonesia holds rate to safeguard financial market stability

BI maintained Tuesday its policy rate – the seven-day reverse repo rate – at 4.5 percent...
India to provide $266 billion to boost pandemic-hit economy
Business 4 months ago

India to provide $266 billion to boost pandemic-hit economy

Prime Minister Narendra Modi said on Tuesday that India would provide 20 trillion rupees (...
For central banks, hope for precision fades amid pandemic uncertainty
Business 4 months ago

For central banks, hope for precision fades amid pandemic uncertainty

Major central banks have been similarly generic in recent communications, offering some version of t...
BI sees growth bottoming in Q2, pledges to use all instruments to bolster economy
Business 4 months ago

BI sees growth bottoming in Q2, pledges to use all instruments to bolster economy

BI’s forecast was based on the assumption that the virus outbreak would peak in May until mid-...
Powell warns of ‘heartbreaking’ harm of virus, Fed holds rates
Business 4 months ago

Powell warns of ‘heartbreaking’ harm of virus, Fed holds rates

The Fed held interest rates near zero and pledged to keep them there until the nation was back on tr...
Bank Indonesia holds policy rate, sees room for further cuts amid virus risks
Business 5 months ago

Bank Indonesia holds policy rate, sees room for further cuts amid virus risks

BI has trimmed the benchmark rate twice this year in response to the pandemic.
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