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The Jakarta Post
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rate-cut

Bank Indonesia cuts rate for fourth time to four-year low to bolster growth
Business 2 months ago

Bank Indonesia cuts rate for fourth time to four-year low to bolster growth

The central bank has slashed its benchmark interest rate to 4 percent, the lowest since 2016, as mon...
India central bank slashes rates, warns of contraction
Business 4 months ago

India central bank slashes rates, warns of contraction

India's central bank slashed interest rates on Friday in an effort to contain the economic fallo...
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-...
Coronavirus uncertainty causes 'major downside risks': Fed minutes
Business 5 months ago

Coronavirus uncertainty causes 'major downside risks': Fed minutes

The United States is sure to take a hit in the near term as businesses are forced to close and consu...
The same stimulus that rich countries lean on could worsen poor economies
Business 5 months ago

The same stimulus that rich countries lean on could worsen poor economies

Around 13 percent of all emerging-market corporate debt is dollar-denominated, down only slightly fr...
Indonesian stocks open deep in red as Fed makes second emergency rate cut to zero
Business 6 months ago

Indonesian stocks open deep in red as Fed makes second emergency rate cut to zero

Indonesian stocks started Monday down 2.7 percent, while the rupiah fell to Rp 14,865 against t...
What central banks did last week as COVID-19 spread hit global markets
Business 6 months ago

What central banks did last week as COVID-19 spread hit global markets

Global central banks stepped up their crisis-fighting last week in a campaign to keep markets functi...
Fed slashes rates, rips open crisis tool kit to cushion coronavirus blow
Business 6 months ago

Fed slashes rates, rips open crisis tool kit to cushion coronavirus blow

The Fed cut rates to a target range of 0 percent to 0.25 percent and said it would expand its balanc...
IMF calls for 'substantial' stimulus, coordination against virus
Business 6 months ago

IMF calls for 'substantial' stimulus, coordination against virus

There has been little visible coordination among policymakers like there was at the height of the 20...
Indonesia moves closer to rate cut on virus
Business 7 months ago

Indonesia moves closer to rate cut on virus

Bank Indonesia will probably lower its benchmark rate by 25 basis points to 4.75 percent&n...
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