Bank Indonesia Could Cut Rates by Another 100 Bps by March 2026 -- Market Talk
Dow Jones
Jun 19, 2025
0235 GMT - Bank Indonesia is likely to cut its policy rate by another 100 bps between now and March 2026, HSBC Global Research economists say in a note. There are strong economic reasons for BI to continue easing over next few quarters, they say. Growth is still sluggish across indicators such as PMI, while inflation is well below BI's 2.5% target, the economists note. HSBC's projected 100 bps worth of rate cuts by BI comprises 25 bps of cuts in 3Q 2025, 50 bps in 4Q 2025, and 25 bps in 1Q 2026. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
June 18, 2025 22:35 ET (02:35 GMT)
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