Indonesia Unexpectedly Cuts Rate

Bank Indonesia delivers surprise rate cut to support growth
Indonesia's central bank unexpectedly cut policy rates on Wednesday, resuming its monetary easing to prop up growth in Southeast Asia's largest economy despite financial market volatility that has sharply weakened the rupiah currency.
Indonesia Unexpectedly Cuts Rate as Growth Outlook Dims
Indonesia unexpectedly reduced its key interest rate in its first monetary policy decision this year, moving to bolster economic growth even after the local currency recently weakened beyond the key level of 16,
Indonesia surprises markets with a rate cut, rupiah slides
JAKARTA : Indonesia defied market expectations by cutting its key interest rate, moving to bolster economic growth even after the local currency’s recent slide beyond the key level of 16,000 to the dollar. Bank Indonesia (BI) lowered the benchmark BI-Rate by 25 basis points to 5.75% today.
Bank Indonesia surprises with rate cut, prioritising economic growth over currency stability
Bank Indonesia (BI) slashed its benchmark interest rate by 25 basis points to 5.75 per cent, defying market expectations and signalling a shift in focus towards revitalising South-east Asia’s largest economy amid signs of a slowdown.
Indonesia’s Central Bank Surprises Markets With Rate Cut
Indonesia’s central bank caught markets off guard with a surprise rate cut, upending expectations that it would keep policy settings on hold to help stabilize the rupiah.
Indonesia: Bank of Indonesia set to annouce benchmark interest rate
Members of the Bank of Indonesia Board of Governors began their meeting on Tuesday to discuss the benchmark interest rate (BI Rate) for January 2025. The interest rate is expected to remain at 6 percent,

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