0122 GMT - Bank Indonesia may cut its policy rate by 25bps to 5.50% at today's decision, MUFG Bank's Lloyd Chan says in a research report. "Recent rupiah strength versus the U.S. dollar should provide the room to resume policy easing," the senior currency analyst says. "BI could also cite the need to support growth," Chan adds. Indonesia's economy slowed in 1Q, with real GDP growth decelerating to 4.87% on-year from 5.02% on-year in 4Q of 2024, the analyst notes. Also, Indonesia's inflation has been well-contained, with core inflation steadying at 2.5% on-year in April, Chan adds. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
May 20, 2025 21:22 ET (01:22 GMT)
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