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Indonesia Central Bank: Rate Hike Not First Choice at This Juncture

Jumat, 12 Agustus 2022 | 14:22 WIB
Indonesia Central Bank: Rate Hike Not First Choice at This Juncture

ILUSTRASI. 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. ANTARA FOTO/Nova Wahyudi/nym.

Sumber: Reuters | Editor: Anastasia Lilin Yuliantina

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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