Indonesia Central Bank: Rate Hike Not First Choice at This Juncture
Jumat, 12 Agustus 2022 | 14:22 WIB
KONTAN.CO.ID - JAKARTA. An interest rate hike will not be Bank Indonesia's first choice at this juncture even as the country's headline inflation rate rose to a 7 year high. The central bank's deputy governor told the Reuters Global Markets Forum on Friday.
"We have room to increase the policy rate … But at this juncture, I think we will not put this as a first choice in our policy sequence," Dody Budi Waluyo said in an interview.
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